Funds left over after all expenses are subtracted from sales
Net income
Price paid for the use of the lender's money
Interest
Form of business organization recognized by law as a separate legal entity with all the rights of an individual
Corporation
This type of organization includes well-known businesses such as Target, Walmart, Amazon, and more.
Corporations
Business owned and run by a single individual
Sole proprietorship
The activity of buying and selling
Commerce
Not to be confused with a school authority figure, the amount of money borrowed
Principal
Economic institution that operates like a business but does not seek financial gain
Nonprofit organization
Sports teams/clubs are sometimes referred to as this (repeat word).
Franchise
Stock of finished goods and parts in reserve
Inventory
noncash charge a firm takes for the general wear and tear on its capital goods
Depreciation
Provider of investment funds to a new or unproven business in exchange for a share of owndership
Venture capitalist
Voluntary association formed to carry on some kind of economic activity that will benefit its mebers
Cooperative (co-op)
Examples of this word: schools, churches, and community-service organizations (repeat word)
Nonprofit organization
Total expenses of a company go up, leading to the decrease of this (repeat word).
Net income
One of the most important payments a firm must pay from their expenses (repeat word)
Depreciation
Investors who fund start-ups of family, friends, or others. More interested in helping than getting a return on their investment
Angel investors
Temporary business investment that involves renting or leasing another firm's successful business model
Franchise
A real-world example of this includes the money you have to pay back to a bank on a loan (repeat word)
Interest
Check that transfers a portion of the corporate earnings to each stockholder.
Dividend
Examples of this include starting a lemonade stand, mowing lawns, or opening restaurants (repeat word)
Sole proprietorship
Crowdfunding
Conglomerate
The investors in Shark Tank are examples of this (repeat word).
Venture capitalists
Business-sponsored nonprofit organization providing information on local companies to consumers
Better Business Bureau