heritagebusiness
nounUK /ˈhɛrɪtɪdʒ ˈbɪznəs/
US /ˈhɛrɪtɪdʒ ˈbɪznəs/
A history business is a company that has been in the same family or place for a very long time.
The little bakery on the corner is a heritage business that has been run by the same family for over a hundred years.
RELATED WORDS
OTHER MEANINGS
2. A business that preserves and promotes local history and culture.
The museum shop is a heritage business that sells handmade crafts from the region.
3. A company whose value comes from its long history and good name.
Buyers paid a high price for the heritage business because of its famous brand.
4. A business that cares for old buildings or historic sites.
The heritage business restored the old mill and opened it to visitors.