A term used in writing applications for Microsoft Transaction Server (MTS) using reusable COM+ components that refers to a combination of logon verifications, policies, database lookups, validation edits, and other processes that constitute how business is done in the enterprise.
The business logic of an application specifies how the programming logic of the component reflects the actual way the enterprise does business. Business logic enables consistent and logical processing of business data.
A representation of a real-world component of the enterprise’s business is called a «business object». Examples of business objects include customers, orders, products, invoices, and anything else that can be encapsulated in an application’s business logic and manipulated by its users.