Business Terminology

2. making or manufacturing of a product
3. to be held responsible for something
5. To owe money to the government due to not paying loans or spending too much money.
7. people who start a business and take massive risks to make an idea a reality.
8. - money earned versus the money spent.
12. a partial ownership of a company.
14. an unincorporated business with one owner who is solely liable for all happenings in that business.
19. employees acting like entrepreneurs within a company, developing products while leveraging the company's resources.
24. Trade of equal deal
25. a company is at a financial loss or crisis
26. a legal claim on the property of someone in debt to secure repayment if they fail to do so
28. valuable resource
29. How much a product is bought or how well it’s taken by customers
30. a business run by private individuals, not by the state.
32. having an agreement to help each other in a business (two or more people cooperate in a business)

1. controlled and owned by the government
4. to create or upgrade something to be new and original.
6. increased liability, equity, and gains, but has decreased assets, expenses, and losses
9. - when a seller has no competition due to their large influence
10. an early version or beta version of a product, that still needs to be tested.
11. a group of people working together in a business
13. Rival businesses that produce a similar product to your business
15. quantity of goods sellers are willing to sell
16. a company is in a good financial state
17. a segway connecting third-party sellers with many buyers without the platform owner holding the inventory
18. resources a business uses for funding.
20. an arrangement where one party licenses brands to another brand for a cost so they may operate under their system.
21. a method of collecting data to gain insight to help the business
22. increased assets, expenses, and losses, but has decreased liability, equity, and gains
23. taking a risk to gain a higher profit
27. a unit of ownership in the company (percentage of company owned)
31. the total amount of money made in a given time