[Vocabulary] "businesses", what do they mean here?

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michael147

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Forcing banks to subsidiarise makes lots of sense for regulators, particularly in the case of retail banks that are essentially local anyway.
For big capital-markets businesses, however, it may lead to higher funding costs, trapped pools of capital
and a loss of diversification benefits if banks cannot shift capital from healthy businesses to troubled ones.

"businesses", what do they mean here? companies or business activity?

Your help will be appreciated.
 

charliedeut

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IMO, "businesses" here means "companies", "firms", or even "banks".

charliedeut
 

Tdol

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Raymott

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"businesses", what does it mean here? companies or business activity?
"businesses" is a word, one word. It takes a singular verb. You're not asking about businesses, but about a word.
What do "businesses" mean?" - wrong.
What does "businesses" mean?" - right.
 

charliedeut

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"businesses" is a word, one word. It takes a singular verb. You're not asking about businesses, but about a word.
What do "businesses" mean?" - wrong.
What does "businesses" mean?" - right.

:oops: Missed that :oops:
 
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