: As a result of the focusing on changing business requirements and the increasing popularity of object technologies for software and business engineering, the term "business object" has become a catchword. In this paper the most important denotations of the term "business object" are examined. It is shown how different authors and organizations understand business objects. Special emphasis is laid on the concept of business objects as proposed by the Object Management Group (OMG). The OMG Business Object Domain Task Force (BODTF) is currently making a great effort to drive forward the standardization process for Common Business Objects and a Business Object Facility. This paper describes what is being standardized and elaborates on the importance of striving for such standards. Key words: business objects, business object facility, object technology, distributed information systems, business engineering 1 INTRODUCTION 1 1 Introduction In the field of software engineering the obje...