Business Jargon

Question 1

Stock shares

Answer 1

Owned by stockholders. Shares value goes up or down depending on companies success

Question 2

Public company

Answer 2

Publicly traded company

Question 3

Private company

Answer 3

Privately held shares or employee owned shares

Question 4

R and D

Answer 4

Research and Development

Does research and develops new products and innovations to help company grow

Question 5

Revenue

Answer 5

Income

Question 6

Profit

Answer 6

Money left over when you take total revenues and subtract total expenses

Question 7

Profit loss statement ( P and L)

Answer 7

A statement that physically shows revenues and expenses back to back

Question 8

Innovation

Answer 8

The process of coming up with a new idea that can turn into a new business, product, or service.

Question 9

Capital

Answer 9

Wealth or some form of money saved or given for investing in a business

Question 10

Professional disclosure agreement on intellectual property

Answer 10

An agreement signed by both parties to agree not to steal each others ideas in business