small business concern

small-business concern. A business qualifying for an exemption from freight undercharges because it is independently owned and operated and is not dominant in its field of operation, with limited numbers of employees and business volume. 15 USCA § 632. — Often shortened to small business. [Cases: Carriers 189; Commerce 85.33. C.J.S. Aeronautics and Aerospace § 231; Carriers §§ 138, 140–143, 163–164, 178–180, 182, 184–186, 194, 470–472, 474.]

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词条贡献者

双语律师Julie，国际知名法学院法律专业，擅长翻译各类与证券监管、合规与执法相关的法律文件。