Define: Place of Business

The meaning of “Place of Business” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is 'Place of Business' defined in a legal contract?

  • Place of Business means any sincere office, factory, warehouse, or other space employed and used by the taxpayer for conducting business activities. This space can be operated individually or through the taxpayer's consistent employees. Seen in 151 SEC filings.
  • Place of Business means any location where products are sold or where products are manufactured, stored, or kept for the purpose of selling or consumption. Seen in 78 SEC filings.
  • Place of Business means any location such as a store, warehouse, manufacturing facility, service station, food retail place, or any other location where people work or are served. Seen in 58 SEC filings.
  • Place of Business means any location at which business is conducted. Seen in 39 SEC filings.
  • Place of Business means the primary or permanent local branch or address of a seller. Seen in 37 SEC filings.
  • Place of Business means any place where a party maintains a non-transient establishment for conducting economic activities other than temporary provision of goods or services. Seen in 33 SEC filings.
  • Place of Business means a physical location represented by a broker to the public where clients and customers can consult or conduct business. Seen in 29 SEC filings.
  • Place of Business means a designated location where proper and sufficient facilities are maintained for displaying, reconditioning, and repairing either new or used cars. Seen in 24 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of place of business' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Place of Business means a primary, assigned location where an [organization] consistently conducts economic activities.

Relevant Contract Types

Relevant Circumstances

  • Premises Leases
  • Product Distribution
  • Providing Services
  • Maintaining Confidentiality

Relevant Sectors

Genie Definition 2

  • Place of Business means a physical, non-transient establishment where customers can engage with an [organization].

Relevant Contract Types

Relevant Circumstances

  • Franchising Businesses
  • Selling and Buying Goods
  • Creating LLCs

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Place of Business" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Place of Business'?

Place of Business means a primary, assigned location where an [organization] consistently conducts economic activities

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