Definition of «dollar business»

The term "dollar business" refers to a type of transaction where one party pays another party $1 USD for a service or product, regardless of its actual value. This is often used in accounting and bookkeeping as a way to record small transactions without having to worry about the accuracy of the amounts involved. The phrase can also be used more broadly to refer to any business that operates on a small scale or has minimal financial impact.

Sentences with «dollar business»

  • My extensive background in working in fast - paced industries and large national and international accounts has provided me the opportunity to work with multi-million dollar businesses located throughout the world. (members.climber.com)
  • In terms of export sales, quinoa has risen to the level of an $ 87 million dollar business in these two countries. (whfoods.org)
  • «Marketing to children is a $ 7 billion dollar business with only $ 1 billion spent in advertising,» she says. (articles.chicagotribune.com)
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