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Business terms


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2.the condition by which shareholders are legally responsible for the debts of a company only to the extent of the nominal value of their shares.
9.A business ________is a for-profit firm that is incorporated or registered under the corporate or company law of a state
10.introducing new ideas; original and creative in thinking.
11.Indefinite extent of liability to pay a firm's debts or obligations, extending beyond the investments of the firm's owner(s), partners, or shareholder(s) to their personal assets. Read more: http://www.businessdictionary.com/definition/unlimited-liability.html#ixzz2kYZuoszd
12.Using contacts with friends and family members as a means of finding job leads
14.An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest
15.a speculator who makes money available for innovative projects (especially in high technology)
16.a financial establishment that uses money deposited by customers for investment, pays it out when required, makes loans at interest, and exchanges currency.
17.A ______ is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.
18.is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business
20.someone who holds shares of stock in a corporation
1.In financial economics, a F_______ I_______ is an institution that provides financial services for its clients or members. Probably the most important financial service provided by f______ I_______ is acting as financial intermediaries.
3.the action or process of investing money for profit.
4.the commercial processes involved in promoting and selling and distributing a product or service
5.a person's regular occupation, profession, or trade.
6.an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
7.A ________ is an arrangement in which parties agree to cooperate to advance their mutual interests. own a business together.
8.a non-profit-making money cooperative whose members can borrow from pooled deposits at low interest rates.
13.An individual who, rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale.
19.the amount of money left over after expenses are taken out

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