Glossary
Glossary term

business relationship

A regulatory term referring to the relationship of a company with a business partner.

1 official sourcessingle_source

What does business relationship mean?

Business relationship is part of the formal vocabulary used in supply-chain due diligence, adverse-impact governance, and corporate responsibility. For this glossary, the key point is understanding how the source defines the term and where that definition sits within broader compliance or data requirements.

Official definitions by source

CSDDD

Directive (EU) 2024/1760 on corporate sustainability due diligence

the relationship of a company with a business partner;

Reference: Article 3, point p

View official source

Why it matters in practice

In practice, this term matters when mapping who is responsible for obligations, declarations, market placement, recordkeeping, or due-diligence steps within supply-chain due diligence, adverse-impact governance, and corporate responsibility.

Minespider commentary

For Minespider, business relationship is best treated as a responsibility and workflow term. The important question is which actor, document, or compliance step the source is actually assigning through this definition.

Common confusions

  • Assuming the everyday meaning of business relationship is enough without checking the official source definition.
  • Using business relationship as a loose generic label rather than the narrower meaning used in the source text.
  • Confusing business relationship with a neighboring legal actor or responsibility term without checking how the source allocates obligations.