Finance & Businessfreq: 1Discovered via 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.

AI-generated·

Did you know?

The oldest known firm, Kongō Gumi in Japan, was founded in 578 AD as a construction company and operated continuously for over 1,400 years until it was acquired in 2006, showcasing incredible longevity in the business world. This endurance highlights how the concept of a firm has enabled organizations to persist through centuries of economic and social changes.

Your Usage Frequency

1 / 721