vocab test 3 Flashcards
(21 cards)
an investment worth money
securities
an investment vehicle
secuirty
the ability to pursue what you think is right or necessary to despite temptations to quit
self-discpline
the ability to pursue a task without being told by someone to by someone else
self-motivation
cost that vary somewhat based on the number of units you sell
semi-variable cost
an individual that owns a company
sole proprietorship
one of the equal part into which a company capital id dividend
share
an individual or company that owns shares in a company
share holder
all people or companies associated with an enterprise
stake holder
shares of ownership in a company
stocks
a company that provides a good or service to another company
supplier
the hard work a small business owner puts into farming,founding, and operating
sweat equity
the exact customers and market sector the business intends to serve
target market
working with others to complete a task
teamwork
fixed costs plus variable costs
total costs
units times price
total revenue
the pratice of operating openly
transparency
assets that are not already pledged as a guarantee to repay another loan
unencumbered
units refer to the “things” the company sells
units
debt that does not include a promise by a guarantor to repay loan in the event
unsecured debt
cost that vary based on the units sold by your enterprise
variable cost
