Usually means: Mutual exchange of goods, services.
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We found 7 dictionaries that define the word business relationship:

General (6 matching dictionaries)
  1. business relationship: Vocabulary.com
  2. business relationship: Dictionary.com
  3. business relationship: Rhymezone
  4. business relationship: FreeDictionary.org
  5. business relationship: Mnemonic Dictionary
  6. business relationship: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. business relationship: Encyclopedia

(Note: See business_relationships as well.)

Definitions from WordNet (business relationship)

noun:  a formal contractual relationship established to provide for regular banking or brokerage or business services


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