Business Entities

2. An individual or organization that owns shares in a company and may receive dividends and voting rights.
5. Liability A feature of incorporated companies where owners are only liable up to the amount they invested.
7. Held Company An incorporated business owned by shareholders that does not trade its shares publicly on a stock exchange.
9. Enterprise A business with social or community objectives at its core; profits are reinvested to further the mission.
11. Sector The part of the economy owned and controlled by private individuals or businesses, not by the government.
13. General Meeting A yearly gathering of a company’s shareholders to vote on resolutions and approve financial accounts.
14. of Association A legal document stating fundamental details of a company at the time of incorporation.
15. Exchange A marketplace for buying and selling shares of publicly held companies.
16. A for-profit social enterprise owned and run by its members, who collaborate to meet their common needs.
20. Held Company An incorporated business that sells its shares to the general public on a stock exchange.
21. A business owned by two or more people who share responsibility for running the enterprise and share profits.
22. A business status where the company is not a separate legal entity from its owner(s), leaving owners fully liable.

1. of Incorporation An official document that establishes a company as a separate legal entity.
2. Partner A partner who invests capital into a partnership but does not take an active role in running the business.
3. Organization A non-profit enterprise operating in the private sector, driven by a cause or humanitarian goal rather than profit.
4. Public Offering The first sale of a company’s shares to the public, making it a publicly held company.
6. of Association A legal document outlining the internal rules and regulations of a company.
8. A portion of a company’s profit paid to shareholders, usually on a per-share basis.
9. Capital Money invested into a company by its shareholders in exchange for ownership shares.
10. of Directors A group elected by shareholders to oversee management and make high-level decisions for the company.
11. The financial gain of a business after all expenses have been paid.
12. of Partnership A legal contract between partners in a partnership, specifying roles, investments, and responsibilities.
15. Trader A business owned and run by a single individual who has full control and unlimited liability.
17. Sector The part of the economy owned and controlled by the government, usually providing essential services.
18. A business status where the company has a separate legal identity from its owners and limited liability.
19. Liability A feature of unincorporated businesses where owners are fully responsible for all business debts.