The noun STRATIFICATION has 5 senses: 1. the act or process or arranging persons into classes or social strata. 2. the condition of being arranged in social strata or classes within a group.3. forming or depositing in layers. 4. a layered configuration. 5. the placing of seeds in damp sand or sawdust or peat moss in order to preserve them or promote germination. Familiarity information: STRATIFICATION used as a noun is common.ouns denoting acts or actions. Hypernyms (stratification is a kind of...): assortment; categorisation; categorization; classification; compartmentalisation; compartmentalization (the act of distributing things into classes or categories of the same type).
The business entity concept, also known as the economic entity principle, states that all business entities should be accounted for separately. In other words, businesses, related businesses, and the owners should be accounted for separately.
In economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.