nexus

Intermediate 💼 Corporate / Business

Definition

A connection or link between things, people, or ideas—basically the fancy Latin way of saying 'the thing that ties it all together.' In business and law, it often refers to the relationship that determines jurisdiction or tax obligations. The intellectual's alternative to just saying 'connection.'

Example Usage

The company established a nexus in five states, triggering sales tax collection requirements in each jurisdiction.

Source: Common business and legal terminology

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