Across
- 1. form of stock with no voting privileges; has a higher claim on corporate income and assets than does common stock
- 5. economic institution that operates like a business but does not seek financial gain; schools, churches, and community-service organizations are examples
- 7. form of partnership where one or more partners are not active in the daily running of the business, and whose liability for the partnership's debt is restricted to the amount invested in the business
- 8. certificate of ownership in a corporation; can be either common or preferred stock
- 9. feature of taxation that allows stockholders' dividends to be taxed both as corporate profit and as personal income
- 11. formal contract to repay borrowed money and interest on the borrowed money at regular future intervals
- 12. stock of goods held in reserve; includes finished goods waiting to be sold and raw materials to be used in production
- 20. using social networking to appeal to potential investors
- 21. business-sponsored nonprofit organization providing information on local companies to consumers
- 22. firm with four or more businesses making unrelated products, with no single business responsible for a majority of its sales
- 24. an unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
- 25. measure of business profits determined by subtracting all expenses, including taxes, from revenues
- 32. payment made for the use of borrowed money; usually paid at periodic intervals for long-term bonds or loans
- 34. total amount of new funds the business generates from operations; broadest measure of profits for a firm because it includes both net income and noncash charges
- 35. check paid to stockholders, usually quarterly, representing a portion of corporate profits
- 36. provider of investment funds to a start-up business in exchange for partial ownership of the business
- 39. report showing a business's sales, expenses, and profits for a certain period, usually three months or a year
- 40. situation in which a firm legally ceases to exist when an owner dies or quits, or a new owner is added; applies to sole proprietorships and partnerships
Down
- 2. most basic form of corporate ownership, generally with one vote per share for stockholders
- 3. organization that works for its members' interests concerning pay, working hours, health coverage, fringe benefits, and other job-related matters
- 4. places where entrepreneurs can receive the training and other assistance to build a successful start-up business
- 6. combination of firms producing the same kind of product
- 10. informal and usually affluent investors who provide funds to less-promising start-ups
- 13. creator and owner of the business model that is rented or leased by investors
- 14. unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
- 15. corporation producing and selling without regard to national boundaries and whose business activities are located in several different countries
- 16. process of negotiating between union and management representatives over pay, benefits, and job-related matters
- 17. combination of firms involved in different steps of manufacturing, marketing, or sales
- 18. nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services
- 19. business investment that involves renting or leasing another successful business model
- 23. form of partnership where all partners are jointly responsible for management and debts
- 26. nonprofit organization of local businesses whose purpose is to promote their interests
- 27. amount borrowed when getting a loan or issuing a bond
- 28. gradual wear on capital goods
- 29. people who own a share or shares of stock in a corporation; same as shareholders
- 30. written government approval to establish a corporation; includes company name, address, purpose of business, number of shares of stock, and other features of the business
- 31. requirement that an owner is personally and fully responsible for all losses and debts of a business; applies to proprietorships, and general partnerships
- 33. form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
- 37. form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
- 38. person that invests in the business model of the franchisor with his or her own money and start-up costs