Firms: meaning, definitions and examples

๐Ÿ’ผ
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firms

 

[ fษœหrmz ]

Noun
Context #1 | Noun

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

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.
Context #2 | Noun

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

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:

๐Ÿ‡ต๐Ÿ‡น empresas

๐Ÿ‡ฎ๐Ÿ‡ณ เค•เค‚เคชเคจเคฟเคฏเคพเค

๐Ÿ‡ฉ๐Ÿ‡ช Unternehmen

๐Ÿ‡ฎ๐Ÿ‡ฉ perusahaan

๐Ÿ‡บ๐Ÿ‡ฆ ะบะพะผะฟะฐะฝั–ั—

๐Ÿ‡ต๐Ÿ‡ฑ firmy

๐Ÿ‡ฏ๐Ÿ‡ต ไผๆฅญ

๐Ÿ‡ซ๐Ÿ‡ท entreprises

๐Ÿ‡ช๐Ÿ‡ธ empresas

๐Ÿ‡น๐Ÿ‡ท ลŸirketler

๐Ÿ‡ฐ๐Ÿ‡ท ๊ธฐ์—…

๐Ÿ‡ธ๐Ÿ‡ฆ ุดุฑูƒุงุช

๐Ÿ‡จ๐Ÿ‡ฟ firmy

๐Ÿ‡ธ๐Ÿ‡ฐ firmy

๐Ÿ‡จ๐Ÿ‡ณ ๅ…ฌๅธ

๐Ÿ‡ธ๐Ÿ‡ฎ podjetja

๐Ÿ‡ฎ๐Ÿ‡ธ fyrirtรฆki

๐Ÿ‡ฐ๐Ÿ‡ฟ ะบะพะผะฟะฐะฝะธัะปะฐั€

๐Ÿ‡ฌ๐Ÿ‡ช แƒ™แƒแƒ›แƒžแƒแƒœแƒ˜แƒ”แƒ‘แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ ลŸirkษ™tlษ™r

๐Ÿ‡ฒ๐Ÿ‡ฝ 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.

Word Frequency Rank

This word ranks #1,858, placing it within important intermediate vocabulary. Learning it will significantly improve your ability to express yourself in English.