Usually means: Small enterprise, limited revenue, staff.
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We found 15 dictionaries that define the word small business:

General (8 matching dictionaries)
  1. small business: Longman Dictionary of Contemporary English
  2. Small-Business, Small-business, small-business: Wordnik
  3. small business: Wiktionary
  4. small business: Dictionary.com
  5. Small Business, Small business: Wikipedia, the Free Encyclopedia
  6. small business: TheFreeDictionary.com

Business (7 matching dictionaries)
  1. small business: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Glossary of Legal Terms (No longer online)
  4. Bernstein's Dictionary of Bankruptcy Terminology (No longer online)
  5. Small Business: Legal dictionary
  6. Small business: Financial dictionary
  7. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (small business)

noun:  (business, economics) A privately-owned and operated business with relatively small turnover and staff numbers, typically seen as constituting part of a specific commercial or economic sector.

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