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Business Reference Model is a reference model, concentrating on the strategic, business (i.e. non-technical) and organizational aspects of an organization.
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A Business Rule is a constraint that defines or constrains some aspect of a business process. Business Rules typically resolves to either a simple true or false or alternatively to know defined set of answers.
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A Business Rules Engine is a set of applications and technologies system that executes one or more business rules as part of process execution.
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A Business Rules Repository is simply a centralized repository of all business rules and information about the rules.
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A Business Service is a mechanism through which business capabilities are supported, typically through a clearly defined interface and is managed and governed by an organization.
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A business Capability defines what an organization needs to undertake as the means of achieving its strategy, in terms of the 'what' rather than the 'how'.