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1 complimentary or flattering to an excessive degree: the press are embarrassingly fulsome in their appreciation
2 of large size or quantity; generous or abundant: the fulsome details of the later legend
But "business people" encompasses such a large swath of society that whatever it comes to mean in that context will probably end up being normal usage.
Business people and politicians are generally butchers of the English language, so I'd be wary of figuring out what a word means by the way either of those groups use it.
1. a. Characterized by abundance, possessing or affording copious supply; abundant, plentiful, full. b. Growing abundantly, rank in growth. Obs.
2. a. Of the body, etc.: Full and plump, fat, well-grown; in a bad sense, over-grown. Obs. b. Overfed, surfeited. Also fig. Obs. c. App. used for: Lustful, ‘rank’. Obs.
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4. Offensive to the sense of smell: a. Strong-smelling, of strong, rank, or overpowering odour.
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6. a. Offensive to normal tastes or sensibilities; exciting aversion or repugnance; disgusting, repulsive, odious.
7. a. Of language, style, behaviour, etc.: Offensive to good taste; esp. offending from excess or want of measure or from being ‘over-done’. Now chiefly used in reference to gross or excessive flattery, over-demonstrative affection, or the like.
1. (a) Abundant, plentiful; ~ aboundaunce, great abundance (b) abounding in grace, gracious.
2. Well-fed; plump.
3. Arousing disgust (as of surfeit); loathsome.