Vocab
justice according to natural law or right specifically : freedom from bias or favoritism
What is Equity
is partial ownership or a position in which you stand to gain when the company performs well
What is Stake
the action of sharing something out among a number of recipients
What is Distribution
evidence, typically derived from an experiment or pilot project, which demonstrates that a design concept, business proposal, etc., is feasible
What is Proof Of Concept
the amount for which something can be sold on a given market: Often contrasted with book value.
What is Market Value
marked on a product as a notice that its inventor has begun the process of applying for exclusive rights to use, sell, or license the product
What is Patent Spending
the point or state at which a person or company breaks even
What is Break Even
an estimation of something's worth, especially one carried out by a professional appraiser
What is Valuation
is the simplest form of business structure and the one that is usually chosen by sole traders. It keeps everything from running the business through to paying taxes as simple and self-contained as possible.
What is Proprietary
relating to the granting of an official license
What is Licensing
an interest or increased value in a property earned from labor toward upkeep or restoration
What is Sweat Equity
an amount by which a thing is won or falls short
What is Margin
a government authority or license conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention
What is Patent
is the cost related to acquiring a new customer. In other words, CAC refers to the resources and costs incurred to acquire an additional customer
What is Customer Acquisition Costs
a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing
What is Business Model
a sum of money paid to a patentee for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a work
What is Royalty
the availability of liquid assets to a market or company:
What is Liquidity