What is Business Day?

Category: Business

1Definition

A day when financial markets and most businesses are open, typically Monday through Friday excluding holidays.

2Context

Critical for contracts, shipping, and financial transactions. 'Three business days' excludes weekends and holidays.

3Example

If you request a wire transfer on Friday afternoon, it might not arrive until Tuesday—Monday and Tuesday are the business days.

⚠Common Trap

Business days vary by country and industry. Banks may count differently than retailers or government offices.

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