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Glite Dictionary
business index

business index

3.5
A number showing how active businesses are in an economy over time
  • noun
  • /ˈbɪznəs ˈɪndɛks/
  • Specialized
translation icon : índice empresarial
  • Each year, the business index reflects changes in consumer confidence and investment levels.
  • ease of business index

Examples

  • The World Bank's "ease of doing business" index, country-specific entry cost estimates from Temesvary (2014), and a host country banking crisis indicator, along with host country and time fixed effects, are included as an exogenous instrument for host country regulations.

    Academic text (2018)

  • On the World Bank's 2006 "ease of doing business" index, Russia ranked 96th out of 175, also an all-time worst.

    Academic text (2008)

  • Interestingly, after including the World Bank's "ease of doing business" index to control for institutional quality, the residual relationship between overall (activity)

    Academic text (2018)

  • On the World Bank's "ease of doing business" index, Saudi Arabia has moved up ten places in the rankings, from 33rd place in 2007 to 23rd in 2008.

    Academic text (2008)

  • The business index published by the government shows a positive trend in economic growth.

  • Analysts use the business index to evaluate the health of the economy over the past decade.

Synonyms

index
vsbusiness index
  • Specialized
298 4.4

A number that shows how something changes, like prices or pollution

focuses on economic and financial conditions to track company activity over time
index number
vsbusiness index
  • Specialized
1 5.5

A number that shows how things like prices change over time or between places

focuses on economic and financial conditions to track company activity over time

How Broad

business index
  • Specialized
3.5
sector
608 3.0

Surface Forms

business index singular
business indexes plural
business indices plural

Morphology

business + index

The meaning 'a statistical measure of business activity' is directly derivable from combining 'business' (commercial activity) with 'index' (numeric indicator); the noun+noun composition transparently signals an index relating to business. This is a common, cross-linguistic compounding pattern using familiar vocabulary, so a B1 learner who knows both constituents would readily infer the MWE's meaning.

Etymology

Business index comes from the simple idea of index as a pointer or single score and business meaning companies and trade. One popular image is a single number like a thermometer that tells you 'how businesses are doing', so the term means a number that measures business activity.