{
  "id": "dwd_gdefyuzz",
  "type": "term",
  "slug": "business-term",
  "title": "Business term",
  "summary": "A word or phrase the business uses, with one agreed definition. It describes meaning, not data.",
  "status": "draft",
  "classification": "public",
  "authors": [
    {
      "name": "Shan Umasankar",
      "url": "https://dealwithdata.com",
      "role": "author"
    }
  ],
  "assisted_by": [
    "Claude"
  ],
  "scales": [
    "personal",
    "business",
    "enterprise"
  ],
  "broader": [
    "dwd_6azimhas"
  ],
  "related": [
    "dwd_2p63wxfx"
  ],
  "created": "2026-10-07",
  "updated": "2026-10-07",
  "version": 1,
  "url": "https://dealwithdata.com/glossary/business-term/",
  "markdown_url": "https://dealwithdata.com/glossary/business-term.md",
  "body_markdown": "A business term lives in the [[business-glossary]] and answers *what does this word mean?* It has a definition, synonyms and an owner, but no data type and no physical location. One term is usually realized by several [[business-element]]s.\n\n**Example:** *Outstanding Balance*: the unpaid principal owed as of a date.\n\n**Not to be confused with** a [[business-element]], which is a governed piece of data that carries the term's meaning in one context.\n"
}