Define: Business Owner

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

How is Business Owner defined in a legal contract?

  • Business Owner means the person who owns, operates, or is the authorized representative of a business. This person is recognized as the responsible party for reporting and remitting [specific tax] according to [the municipal code]. Seen in 12 SEC filings
  • Business Owner means an individual who owns, occupies, or has the rights to own or occupy an adult services entertainment establishment. This includes but is not limited to individuals who lease such establishments or the premises on which they are located. Seen in 8 SEC filings
  • Business Owner means the person or persons who are engaged in business within a designated zone. Seen in 7 SEC filings
  • Business Owner means a client who owns a [specific type of credit card] or [specific type of debit card] tied to a business deposit account. Seen in 6 SEC filings
  • Business Owner means a person who has the authority and responsibility for a project as defined by an [specific agreement] or other order documents. This person also has the power to direct the project, approve and sign change orders, and serves as the main point of contact for other related entities. In the absence of a specific designation, the person who signs the [specific agreement] or purchase order becomes the Business Owner. Seen in 5 SEC filings

Please note that the term ""[specific tax]"", ""[the municipal code]"", ""[specific type of credit card]"", ""[specific type of debit card]"", and ""[specific agreement]"" are placeholder terms that represent specific tax regulations, municipal codes, types of financial cards, and types of legal agreements, respectively.

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 business owner' 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

  • Business Owner means an individual authorized to manage, operate, and hold ownership rights over a[n] [organization].

Relevant Contract Types

Relevant Circumstances

  • Business Operations
  • Strategy Management
  • Decision-Making Policy
  • Business Changes and Transitions

Relevant Sectors

Genie Definition 2

  • Business Owner means a client holding essential finance facilities connected to a business account.

Relevant Contract Types

Relevant Circumstances

  • Credit Card Usage
  • Loan Applications
  • Financial Acquisitions

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Business Owner" 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 'Business Owner'?

Business Owner means an individual authorized to manage, operate, and hold ownership rights over a[n] [organization].

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