When we talk about a business day, we are refer to one of those days of the week during which work activities are carried out on a regular basis.
In most countries, the working days that make up the work week are Monday, Tuesday, Wednesday, Thursday, and Friday. This does not include weekends (Saturday or Sunday) or holidays.
What are the working days?
Although working days may vary from nation to nation, usually in Western countries they are Monday through Friday, thus excluding weekends and holidays. In financial markets, any day on which a particular market is open is considered a business day.
Although most countries work about 40 hours per week Monday through Friday, the differences are such that those doing international business check the days of the work week in the country with which they do business. For example, when doing business with Middle Eastern countries, keep in mind that many of them have a work week that runs from Sunday to Thursday.
Practical example of the use of working days
Should a customer decide to purchase a product using an e-commerce, the product will be shipped. Shipping times are estimated in working days, so weekends and holidays should be excluded from the count.
Business days in financial markets
Within the financial markets, there are different assets whose trading is open at different times. This means that working days can vary from one financial category to another, such as the case with the stock market, which is open Monday through Friday, and the crypto market, which is open 24 hours a day.
Business day and work
In modern times, there are several jobs that have come out of the concept of workdays, some examples are content creators. Those who have travel blogs accomplish much of their work precisely during vacations, producing content for their users during travel and vacations.
Key points
- Working days vary from country to country, generally ranging from Monday to Friday
- In financial markets, working days vary according to the category of the relevant asset
- Business days are used to calculate the timing of shipments or the receipt of wire transfers
- In recent times, the concept of working days appears blurred in some particular areas of the business world