New Notes 3 Flashcards
(18 cards)
Securities
An investment worth money.
Security
An investment vehicle.
Self-Discipline
The ability to pursue what you think is right or necessary to do despite temptations to quit.
Self-Motivation
The ability to pursue a task without being told to by someone else.
Semi-Variable Costs
Costs that vary somewhat based on the number of units you sell.
Sole Proprietorship
An individual that owns a company.
Share
One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.
Shareholder
An individual or company that owns shares in a company.
Stakeholders
All people or companies associated with an enterprise.
Stocks
Shares of ownership in a company.
Supplier
A company that provides a good or service to another company.
Sweat Equity
The hard work a small business owner puts into forming, founding, and operating his/her business.
Target Market
The exact customers and market sector the business intends to serve.
Teamwork
Working with others to address a challenge.
Total Costs
Fixed cost plus variable cost.
Total Revenue
Unit times price.
Transparency
The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.
Unencumbered
Assets that are not already pledged as a guarantee to repay another loan.
