Puzzling Economy

3. any item of property held in stock by a firm, including finished goods ready for sale.
4. a situation where a business closes if the owner dies, retires, or leaves for some other reason.
7. the price paid for the use of credit or money.
8. unincorporated business owned and run by one individual with no distinction between the business and the owner.
9. a fixed-income instrument that represents a loan made by an investor to a borrower.
10. full legal responsibility that business owners and partners assume for all business debts.
11. a type of stock that offers different rights to shareholders than common stock.
14. an unincorporated business owned and run by one individual with no distinction between the business and the owner.
15. a person, company, or institution that owns at least one share of a company's stock, known as equity.
16. the original sum of money borrowed in a loan or put into an investment.
18. taxing of shareholder dividends after taxation as corporate earnings.
19. a security that represents ownership in a corporation.
20. an arrangement between two or more people to oversee business operations and share its profits and liabilities.

1. a business entity made of two or more partners who agree to establish and run a business.
2. exists when two or more partners go into business together, but the limited partners are only liable up to the amount of their investment.
5. the legal authorization to organize a business as a corporation.
6. a person, company, or institution that owns at least one share of a company's stock, known as equity.
12. a distribution of cash or stock to a class of shareholders in a company.
13. a security that represents the ownership of a fraction of a corporation.
17. a legal entity that is separate and distinct from its owners.