2. A substitute phrase for words such as "cool", "tight", "awesome" etc. etc.
"Bro, check out that girl, shes the business."
"That was the business!!"
2. Awesome, sweet, sick, bad, wicked, groovy, cool, kewl, nice, tight, bad mother.
3. A stern talking to, a lecture.
2. Fight Club is the business!
3. a. My boss just sent me a nasty. I think he's gonna give me the business in person next.
3. b. Dude, that chick keeps coming in late. I think I am going to have to give her the business about it.