Finance & Businessfreq · 1via Dusty Flow

Firm

/fɜːrm/noun / adjective / verb
ELI5 mode

A firm is a business organization or partnership, typically comprising professionals like lawyers or consultants, that operates as a single entity to provide services or goods. As an adjective, it describes something solid, unyielding, or resolute, often implying reliability in modern contexts like negotiations or materials; as a verb, it means to make something more stable or secure, such as firming up an agreement.

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