Terms

Line of Business (LoB): is a general term which often refers to a set of one or more highly related products which service a particular customer transaction or business need. In some industries, like insurance, “line of business” also has a regulatory and accounting definition to mean a statutory set of insurance policies. It may or may not be a strategically relevant business unit. [Source: wiki pedia]

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: