volume of business

USAGE SUMMARY

The phrase "volume of business" is correct and usable in written English.
It is typically used in a business context to refer to the amount of sales or transactions conducted by a company over a specific period. Example: "The volume of business increased significantly during the holiday season, leading to higher profits for the company."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The volume of business is impressive.

The New York Times - Tech

"There's no volume of business there".

The New York Times

BBC Production's creativity becomes transparent in the volume of business it wins.

The Guardian

Physical volume of business, the chamber reports, is the best since 1929.

The New York Times

RECENTLY, private-equity funds have been doing a record volume of business.

The Economist

But now that they know they can get the volume of business, they will pay the rent".

The New York Times

"By 1900, New York had outdistanced every place but London in terms of the volume of business".

The New York Times - Magazine

But Mr. Rees predicts a hard fight for a total volume of business that is now shrinking.

The New York Times

More storeowners began accepting American Express cards in the quarter, helping the volume of business, it said.

The New York Times

She said the notion industry had achieved an annual volume of business approaching $1,800,000,000.

The New Yorker

But the volume of business is going down, and the cost of risk, though low, is likely to rise.

The Economist

Expert writing Tips

Best practice

When discussing a company's performance, specify the period to which the "volume of business" refers (e.g., quarterly, annually) for clarity.

Common error

Avoid using "volume of business" interchangeably with profitability. A high volume does not automatically guarantee high profits; costs and margins also play a crucial role.

Linguistic Context

The phrase "volume of business" functions primarily as a noun phrase. It acts as a subject or object in sentences, quantifying the extent of commercial activity. As Ludwig AI indicates, the phrase is commonly used in business contexts.

Expression frequency: Very common

Frequent in

News & Media

69%

Formal & Business

23%

Science

8%

Less common in

Encyclopedias

2%

Reference

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "volume of business" is a very common noun phrase used to describe the extent of commercial activity. Ludwig AI confirms its correct usage and prevalence in business-related contexts. It commonly appears in news reports, business analyses, and formal discussions, serving the purpose of quantifying economic activity. Alternatives such as "sales volume" or "business turnover" offer similar meanings with slightly different emphasis. Remember to specify the timeframe when using this phrase for better clarity and avoid confusing volume with profitability.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

business volume

Reorders the words for a slightly different emphasis, but maintains the core meaning.

sales volume

Focuses specifically on the amount of sales, a key component of overall business activity.

business turnover

Emphasizes the total revenue generated over a period, offering a financial perspective.

level of business activity

More descriptive and formal, highlighting the degree to which business operations are taking place.

scale of operations

Highlights the scope and extent of business activities, focusing on operational aspects.

amount of trade

Focuses on the commercial exchange involved, applicable in a trade-related context.

commercial throughput

Technical term emphasizing the amount of goods or services processed and moved through a business.

economic activity

Broader term encompassing all economic actions, including but not limited to business.

market activity

Highlights activity within a specific market, potentially broader than a single business.

business transaction volume

Specifically quantifies the number of business transactions.

FAQs

How can I use "volume of business" in a sentence?

You can use "volume of business" to describe the amount of sales or transactions a company conducts, as in, "The company saw a significant increase in its "volume of business" during the holiday season".

What is another way to say "volume of business"?

Alternatives to "volume of business" include "sales volume", "business turnover", or "level of business activity", depending on the context.

What's the difference between "volume of business" and "profit margin"?

"Volume of business" refers to the total amount of sales or transactions, while "profit margin" refers to the percentage of revenue that exceeds the cost of goods sold. A high "volume of business" doesn't necessarily mean a high profit margin.

Is it correct to use "volume of business" when discussing a non-profit organization?

While "volume of business" is typically used in a commercial context, you can adapt it to non-profits by referring to "volume of activity" or "level of service" to describe the extent of their operations and services provided.