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7 Cards in this Set

  • Front
  • Back

Business

an organization or enterprising entity in commercial, industrial or professional activities.


Sole Proprietorship

an unincorporated business with one owner who pays personal income tax on profits from the business.

Partnership

a business or firm owned and run by two or more partners.


Corporation


a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.


Shareholder/Stockholder

an owner of shares in a company.


Dividends

a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).


Bonds

a debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.