fit

fit definition - business

fit

A condition in which a product fulfills a consumer's needs. For example, an investor may select a new municipal bond because that bond's maturity makes it a good fit in the investor's portfolio. Along other lines, a relatively small two-bedroom home is a good fit for a retired couple.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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Related Discussions (2)
TopicRepliesLatest Post
Fit as a fiddle45 years ago
fit in / fit into26 years ago

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