Glossary words 11 - 20 Flashcards
1
Q
A place where shares are bought and sold
A
Stock exchange
2
Q
The owners of the shares (either individuals or other companies)
A
Shareholders
3
Q
A share of a business’s profits that is paid to a shareholder
A
Dividend
4
Q
Legally responsible for something
A
Liable
5
Q
When a company is unable to pay its debts
A
Bankrupt
6
Q
Responsibility that is limited to some extent (such as up to a max amount of money)
A
Limited liability
7
Q
Something that is not a physical object and cannot be handled
A
Intangible
8
Q
When a business is making enough money to ensure that its revenue covers its costs
A
Breaking even
9
Q
When someone buys the right to sell a business’s products or services under that business’s brand name
A
Franchise
10
Q
Meetings, Incentives, Conferences, Exhibitions/Events
A
MICE
