Definition: A business partnership; the name under which it trades.
Alright class, settle down now, let’s take a look today, At a word that’s often used, in a business way! “Firms,” you see, is quite a simple plea, It means a partnership , for all to agree. Think of it like this, a team so bright, A business working hard with all its might. The dictionary's right, you heard it true, "The name under which it trades," for me and you! It’s the company’s brand, the label they employ, Like "Apple” or “Nike,” bringing customers joy! So remember this lesson, clear as can be, “Firms” is a partnership – happy to see! Do you have any questions? Don't hesitate to speak, Let’s make sure everyone understands this technique!