business segment

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Business Segment

A division or subset of a business' operations, especially in large corporations. For a division to be considered a segment, it must directly earn revenue for the company. For example, a heavily diversified corporation may have one segment dedicated to telecommunications, another to manufacturing, and a third to energy. It is also known simply as a segment. Internally, each segment's expenses and revenues are accounted for separately.
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business segment

See segment.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic direction and evaluation of the business segments and TerraVest as a whole, and other plans and objectives of or involving TerraVest.
Sirius Group announced enhancements to unify its global operating structure, which includes the promotions of key leaders to head its business segments.
During the first quarter, we achieved 8.8 percent organic sales growth and believe we continue to expand our leading market positions across our business segments. Our strong earnings per share growth speaks to our team's execution and focus on continuous improvement.
The Group's two major business segments both reported growth in revenue, contributed approximately 73.0% and 27.0%% to the Group's total revenue respectively.
Data and digital services continued to be the main growth drivers for all three business segments Home, Individual Wireless and Enterprise, accounting for P39.6 billion in revenues, or 54 percent of first-half 2018 total service revenues.
JNJ operates three large and diversified business segments, which reduce operational and financial reliance on any individual product.
Summary: London [United Kingdom], June 1 (ANI): Confirming that it has received an order from the Government of Tamil Nadu to close its copper smelter plant in Tuticorin with immediate effect, the United Kingdom-based Vedanta plc admitted that it would have a marginal impact on other business segments of the group.
With the completion of this business segment combination, Alma Media will comprise of the three business segments of Alma Markets, focusing on digital marketplaces and the recruitment business; Alma Talent, a provider of financial media and services aimed at professionals and businesses and the new unit, which will focus on the consumer media business.
BANKING AND CREDIT NEWS-March 13, 2017-Wells Fargo Asset Management names new leader for Strategic Business Segments Group
He then led the integration of functional organizations into a single corporate shared services model across both UAS and EES business segments and all product lines.
"Huawei achieved stable and healthy growth in all of its three business segments," said CFO Meng Wanzhou, referring to the company's operations in telecoms equipment, consumer devices and enterprise solutions.

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