ordinary course of business

n. conduct of business within normal commercial customs and usages.

Mentioned in ?

References in classic literature ?

The other is that it has been engineered by Moriarty in the ordinary course of business.

Unsaleable in the ordinary course of business on account of its noble proportions, it had been ceded to the Professor for a few pence by a marine dealer in the east of London.

View in context

Oh, we should have that in the ordinary course of business.

View in context

Now, if anything were to happen to me in the ordinary course of business, by the time my debts are paid there would be nothing left to support my son Harry whilst he was getting in the way of earning a living, whereas now he will be set up for five years.

View in context

Ralph would have walked into any poverty-stricken debtor's house, and pointed him out to a bailiff, though in attendance upon a young child's death-bed, without the smallest concern, because it would have been a matter quite in the ordinary course of business, and the man would have been an offender against his only code of morality.

View in context

In applying the ordinary course of business exception, the Grand Chevrolet court found that the debtor and creditor had engaged in comparable transactions for several years.

Recent developments in the "ordinary course of business" defense

404(k) contemplates a dividend rate that is normally paid in the ordinary course of business.

No deduction for high-rate dividend used to pay off ESOP loan

A creditor's preference defenses include the ordinary course of business defense set forth in Section 547(c) (2).

Joint check agreement does not cut the mustard to avoid preference liability

In view of Chairman Che's stronghold on the facility, Apollo took the position that the labor strife and corresponding impact on the business at the Chinese joint venture constituted a breach of the ordinary course of business covenant in the Merger Agreement it had in place with Cooper.

The interplay between "ordinary course of business" and "MAE" provisions

Conversely, it should be emphasized that the "because of" formulation that we adopt here withholds protection from documents that are prepared in the ordinary course of business or that would have been created in essentially similar form irrespective of the litigation.

Tax accrual workpapers not protected by work-product privilege

The FACT Act provides that if any financial institution (1) extends credit and regularly and in the ordinary course of business furnishes information to a nationwide consumer reporting agency; and (2) furnishes negative information to such an agency regarding credit extended to a customer, the institution must provide a clear and conspicuous notice about furnishing negative information, in writing, to the customer.

Amendments to Regulation V

At a minimum, streamline the documentation required for recurring transactions in the ordinary course of business.