Ordinary course of business
Term · Law · MLC-T-LAW-003573
The normal and regular transactions and activities that a company engages in to conduct its operations. This includes routine sales, purchases, and payments that are consistent with the company's past practices and industry standards. Actions outside this scope may require special approval or raise legal scrutiny, particularly in bankruptcy proceedings or corporate governance.
| Identifier | MLC-T-LAW-003573 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003573",
"term": "Ordinary course of business",
"field": "Law",
"definition": "The normal and regular transactions and activities that a company engages in to conduct its operations. This includes routine sales, purchases, and payments that are consistent with the company's past practices and industry standards. Actions outside this scope may require special approval or raise legal scrutiny, particularly in bankruptcy proceedings or corporate governance.",
"url": "https://mlchart.com/terminology/law/ordinary-course-of-business/"
}
Record 3,570 of 5,441 in Law terminology (MLC-0107). Request the full dataset.