Vocabulary 4 Flashcards
An investment worth money; a “financial instrument” indicating ownership.
Securities
An investment vehicle.
Security
The ability to pursue what you think is right or necessary to do despite temptations to quit.
Self-Discipline
The ability to pursue a task without being told to by someone else.
Self-Motivation
Costs that vary somewhat based on the number of units you sell.
Semi-Variable Costs
An individual that owns a company.
Sole Proprietorship
One of the equal parts into which a Company’s Capital is divided, entitling the holder to a proportion of the profits.
Share
An individual or Company that owns shares in a Company.
Shareholder
All people or companies associated with an enterprise stakeholders include internal stakeholders.
Stakeholders
Shares of ownership in a company.
Stock
A company that provides a good or service to another company.
Supplier
The hard work a small business owner puts into forming,founding, and operating his/her business.
Sweat equity
The exact customers and market sector the business intends to serve.
Target market
Working with others to address a challenge.
Teamwork
Fixed cost Plus variable cost.
Total Costs
Units times price
Total revenue
The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.
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 the loan in the event the debtholder is unable to make a required payment.
Unsecured debt
Costs that vary based on the units sold by your enterprise.
Variable Cost
