Firms: meaning, definitions and examples
๐ผ
firms
[ fษหrmz ]
business
Firms are commercial enterprises or businesses that provide goods or services to customers in exchange for payment. They can vary in size from small local businesses to large multinational corporations.
Synonyms
businesses, companies, enterprises.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
firms |
Typically used to refer to professional services organizations, such as law firms or accounting firms. Often implies a smaller size.
|
companies |
Generally used to describe larger organizations, especially those that are incorporated. Commonly used in a corporate or formal setting.
|
enterprises |
Often used to refer to large, complex, or industrial businesses. Can also imply a sense of initiative or adventurousness.
|
businesses |
A general term for any type of commercial operation, regardless of size or industry. Can be used in both formal and informal contexts.
|
Examples of usage
- Firms in the technology sector are constantly innovating to stay ahead of the competition.
- Many firms offer employee benefits such as healthcare and retirement plans.
- Startup firms often face challenges in securing funding for their business ideas.
legal
In legal terms, a firm refers to a partnership of two or more individuals who come together to carry out a business activity with a shared profit motive. They often have a written agreement outlining the terms of their partnership.
Synonyms
agency, partnership, practice.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
firms |
Used generally to refer to business entities, often in a corporate or commercial setting.
|
partnership |
Refers to a legal form of business operation where two or more individuals share management and profits.
|
practice |
Often used in professional settings such as law or medicine, referring to the business operations of professionals.
|
agency |
Often used to refer to a business or organization that provides a particular service, especially in advertising, travel, or employment.
|
Examples of usage
- The law firm specializes in intellectual property cases.
- The accounting firm provides tax preparation services to individuals and businesses.
Translations
Translations of the word "firms" in other languages:
๐ต๐น empresas
๐ฎ๐ณ เคเคเคชเคจเคฟเคฏเคพเค
๐ฉ๐ช Unternehmen
๐ฎ๐ฉ perusahaan
๐บ๐ฆ ะบะพะผะฟะฐะฝัั
๐ต๐ฑ firmy
๐ฏ๐ต ไผๆฅญ
๐ซ๐ท entreprises
๐ช๐ธ empresas
๐น๐ท ลirketler
๐ฐ๐ท ๊ธฐ์
๐ธ๐ฆ ุดุฑูุงุช
๐จ๐ฟ firmy
๐ธ๐ฐ firmy
๐จ๐ณ ๅ ฌๅธ
๐ธ๐ฎ podjetja
๐ฎ๐ธ fyrirtรฆki
๐ฐ๐ฟ ะบะพะผะฟะฐะฝะธัะปะฐั
๐ฌ๐ช แแแแแแแแแแ
๐ฆ๐ฟ ลirkษtlษr
๐ฒ๐ฝ empresas
Etymology
The word 'firm' originated from the Latin word 'firmus,' meaning strong or steadfast. Over time, it evolved to refer to a business entity or partnership. The concept of firms has been essential to trade and commerce throughout history, facilitating the exchange of goods and services in economies around the world.
See also: confirm, firm, firmament, firming, firmly, firmness, infirm, unfirmly.