Business Structures
This is the simplest form of business, owned and operated by one person.
What is a Sole Proprietorship?
These corporations do not aim to make a profit and often serve charitable purposes.
What are Not-for-profit Corporations?
Shares that represent ownership in a corporation.
What is Stock?
This employer-sponsored retirement plan is common in the private sector.
What is a 401K account?
General term for a declining market
What is a Bear Market?
This type of business is owned by two or more people who share responsibilities and profits.
What is a Partnership?
These businesses are owned and operated by the government to provide public services.
What are Government-owned Corporations?
A portion of a company’s profits paid to shareholders.
What are Dividends?
This retirement plan is similar to a 401K but for employees of nonprofits and schools.
What is a 403B account?
The best known stock index, it measures the prices of the thirty largest stocks.
What is the Dow Jones Industrial Average?
These organizations are owned and controlled by members who use its services.
What are Cooperatives?
A business model where individuals operate locations of a larger brand, like McDonald’s.
What are Franchises?
These are loans made to a company or government, repaid with interest.
What are Bonds?
A personal retirement account with tax advantages.
What is an IRA (Individual Retirement Account)?
With this retirement account, you pay tax when you contribute and you are not taxed later.
What is ROTH IRA?
This type of partner invests money but has limited liability and doesn't manage the business.
What is a Limited Partner?
These corporations avoid double taxation and pass income directly to shareholders.
What are S-Corporations?
A collection of stocks, bonds, and other investments managed by professionals.
What are Mutual Funds?
A low-risk government-backed savings tool often given as gifts.
What are U.S. Savings Bonds?
This investment account is for educational purposes only.
What is a 529 account?
This business structure is a separate legal entity owned by shareholders.
What is a Corporation?
A corporation formed in accordance with state law.
What is a De Jure Corporation?
A strategy that spreads investments across various asset types to reduce risk.
What is Diversified?
This plan allows employees to defer part of their salary into investments for retirement.
What is a Defined Contribution Plan?
A merger between two or more companies producing or marketing unrelated products.
What is a Conglomerate Merger?