4 limited companies and multinationals

Question 1

Venture capitalists

Answer 1

specialist investors who provide money for business purposes, often to new businesses

Question 2

sue

Answer 2

to make a legal claim against someone, especially for money, because they have harmed you in some way

Question 3

chairperson

Answer 3

someone who is in charge of a meeting or directs the work of a commitee or organisation

Question 4

certificate of incorporation

Answer 4

document needed before a new company can start doing business

Question 5

private limited comapny (Ltd)

Answer 5

in the UK, a private company limited by shares, which means the liability of the shareholders to creditors of the company is limited to the capital originally invested, a shareholder’s personal assets are protected, and with Ltd or limited afer its name.

Question 6

stock market

Answer 6

market for shares in PLCs

Question 7

public limited company (PIC)

Answer 7

in the uk a limited company whose shares are freely sold and traded, with a minimum share capital of £50,000

Question 8

Prospectus

Answer 8

document produced by a company that wants the public to buy its shares

Question 9

regulatory control

Answer 9

official power to control an activity and to make sure that it is done in a satisfactory way

Question 10

flotation

Answer 10

process of a company ‘going public’

Question 11

multinational company

Answer 11

large business with significant production or service operations in at least two different countries

Question 12

issue (shares)

Answer 12

sale of new shares