Business day

Business Day refers to a standard day for conducting business, typically referring to a day other than a weekend or public holiday, during which business is conducted in a particular region or country. The term is often used in business and financial contexts to denote the days when financial markets are open and trading is possible.

Definition

A business day is any day of the week excluding Saturday, Sunday, and public holidays. The exact definition can vary by country and industry. In most Western countries, it is Monday through Friday. In Middle Eastern countries, the business week may run from Sunday through Thursday.

Business Day in Different Countries

In the United States, a business day is typically Monday through Friday, excluding federal holidays. In the European Union, it is also Monday through Friday, but holidays can vary by country. In the Middle East, the business week often runs from Sunday through Thursday.

Financial Markets and Business Days

In the context of financial markets, a business day is a day when the stock exchanges are open and trading can occur. This is important for financial transactions, as the settlement of trades often occurs on a T+2 basis (trade date plus two business days).

Business Day in Business Operations

In business operations, a business day often refers to a day when the company is open for business and conducting its normal operations. This can include customer service, production, and other business functions.

See Also

• Working time
• Business hours
• Banking day
• Trading day