Define: Scope of Business

How is Scope of Business defined in a legal contract?

• Scope of Business means the domain of non-banking financial institutions specializing in microfinance. Seen in 3 SEC filings.
• Scope of Business means activities related to the processing and selling of certain products, activities pertaining to design and engineering, construction of molecular separation facilities, research and development, technical support and marketing, operation of certain facilities involving molecular separation procedures and other processes. Seen in 2 SEC filings.
• Scope of Business means the development of a platform specializing in building, configuring, deploying, and managing mobile and web applications. Seen in 1 SEC filing.
• Scope of Business means primarily, the purchase and sale, commission, import, and operation of all grains, seeds, cereals, straw, forage, fertiliser, and oil cakes, the transformation and the sale of all agricultural products and any other related transactions. Seen in 1 SEC filing.
• Scope of Business means the development and commercialization of a mobile and web applications building, configuration, deployment, and management platform. Seen in 1 SEC filing.

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 scope of business' yourself to verify these results. We are always keen to point people to source documents.

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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.

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Genie Definition 1

• Scope of Business means the specialization and activities performed within a particular industry.

Relevant Contract Types

• Employment Contract
• Business Partnership Agreement
• Non-disclosure Agreement

Relevant Circumstances

• Startup establishing its business goals
• Expanding business scopes or entering new markets
• Setting terms for business collaboration or partnership agreements

Relevant Sectors

• Information Technology
• Manufacturing
• Retail

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Genie Definition 2

• Scope of Business means the development, configuration, deployment, and management of digital platforms.

Relevant Contract Types

• Software Development Agreement
• SaaS Agreement
• IT Services Agreement

Relevant Circumstances

• Digital transformation projects
• Launching a new software or application
• Outsourcing IT services

Relevant Sectors

• Software Development
• IT Services
• Telecommunications

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