Definition of Establishment

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TeachMeFinance.com - explain Establishment



Establishment

The term 'Establishment' as it applies to the area of energy can be defined as ' An economic unit, generally, at a single physical location where business is conducted or where services or industrial operations are performed. However, 'establishment' is not synonymous with 'building.''.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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