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business function

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  • Business function code —   An ISO term. A code specified by the originator or the originator s financial institution to identify the originator s underlying business intent or purpose for the transfer to facilitate routing and/or reconciliation by the beneficiary or the… …   International financial encyclopaedia

  • Business continuity — is the activity performed by an organization to ensure that critical business functions will be available to customers, suppliers, regulators, and other entities that must have access to those functions. These activities include many daily chores …   Wikipedia

  • Business process outsourcing — (BPO) contains the transmission of processes along with the associated operational activities and responsibilities, to a third party with at least a guaranteed equal service level and where the client contains a firm grip over the (activities of… …   Wikipedia

  • function — ▪ I. function func‧tion 1 [ˈfʌŋkʆn] noun 1. [countable] the purpose for which something is made or used, or the job that someone does; =role: • The main function of a cash machine is to provide people with cash when the bank is shut. • He was… …   Financial and business terms

  • Business architecture — The term, Business Architecture, is used to refer to a process, model or profession. In these usages, Business Architecture refers to the organizing framework of a business, the documents and diagrams that describe that structure or the people… …   Wikipedia

  • Business continuity planning — life cycle Business continuity planning (BCP) “identifies [an] organization s exposure to internal and external threats and synthesizes hard and soft assets to provide effective prevention and recovery for the organization, whilst maintaining… …   Wikipedia

  • function — I noun appropriate activity, assignment, business, chore, design, duty, employment, exploitation, mission, munus, occupation, office, officium, performance, purpose, pursuit, responsibility, role, task, usage, use, utility, work associated… …   Law dictionary

  • Business ecology — Business Ecology: Moving beyond Ecology As a Metaphor Current Definitions of Business Ecology The use of the term “business ecology” is not new. Yet, previous conceptualizations of the term have not yielded a meaning that sufficiently represents… …   Wikipedia

  • business — I (affair) noun activity, concern, duty, interest, matter, mission, proceeding, proposition, responsibility, task, undertaking foreign phrases: Allena negotia exacto officio geruntur. The business of another is to be carried out with particular… …   Law dictionary

  • Function — Func tion, n. [L. functio, fr. fungi to perform, execute, akin to Skr. bhuj to enjoy, have the use of: cf. F. fonction. Cf. {Defunct}.] 1. The act of executing or performing any duty, office, or calling; performance. In the function of his public …   The Collaborative International Dictionary of English

  • function — n 1 Function, office, duty, province are comparable when they mean the act, acts, activities, or operations expected of a person or thing by virtue of his or its nature, structure, status, or position. Function is the most comprehensive of these… …   New Dictionary of Synonyms

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