1.5.4.2 Forms of a business 2 Flashcards
1
Q
Private equity company
A
A business usually owned by private individuals backed by financial institutions.
2
Q
Public limited company
A
A company owned by shareholders where the shares can be traded openly on the stock market.
3
Q
Stock market
A
A market for second-hand shares.
4
Q
Stock market flotation or initial public offering (IPO)
A
The process of a company ‘going public.’ Making shares available to the public for the first time.
