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Instance and Entity

noun

  • An occurrence of something.
    • usage: "it was a case of bad judgment"; "another instance occurred yesterday"; "but there is always the famous example of the Smiths"
  • An item of information that is typical of a class or group.
    • usage: "this patient provides a typical example of the syndrome"; "there is an example on page 10"

verb

noun

  • That which is perceived or known or inferred to have its own distinct existence (living or nonliving. ).
(n.) A real being, whether in thought (as an ideal conception) or in fact; being; essence; existence.

In business, is a separate or self-contained existence that provides goods or services.