Business Premises
/ˈbɪznɪs ˈprɛmɪsɪz/
Definitions
- (n.) Real property used by a business for commercial activities such as manufacturing, trading, or office operations.
The landlord agreed to renovate the business premises before the new tenant moved in.
- (n.) The physical location where a company conducts its commercial enterprise, including buildings and land.
All employees must adhere to safety protocols while on the business premises.
Related terms
See also
Commentary
The term refers broadly to the physical space used by a business; it is commonly used in lease and property law contexts to specify the location subject to rights and obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.