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a form of business organization in which one person owns and operates the business |
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a business organization in which two or more individuals enter a business as owners and share the profits and losses |
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a form of business organization that has a legal existence of its own, separate from those who created it. |
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a form of business organization, also known as a Crown corporation that is publicly owned and provides essential services |
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the amount a person has invested into a business is limited to the value of their investment |
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securities that corporation offer to the public, enabling the shareholder to become a part-owner of the corporation with the right to vote in the affairs of the corporation and a right to share in its distributed profits |
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stock issued by a corporation that shows ownership of the company, while you would not have the right to vote you would be guaranteed a fixed return of dividend on your investment |
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a written promise to pay a stated sum of money at some time in the future with interest paid on stated dates |
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an organized market where listed stocks can be bought and sold |
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all of those things that the corporation owns or is owned including current, fixed, and intangible |
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all of the debts of the corporation |
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debts that are payable including bank loans, and income taxes |
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debts that are payable by the corporation which would include bonds |
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the interest of the shareholders in a corporation if all of its liabilities were paid off consisting of two main parts; capital stock and retained earnings |
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money raised by the sales of share in the corporation |
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profits of the firm that have been reinvested in the business |
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cash and anything that can be turned into cash in a year (raw materials, parts, bonds) |
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includes land, buildings, machinery, trucks, with allowance being made for depreciation |
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includes such assets as patents |
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basic financial statement in an annual report showing the company’s financial position on a specific date, usually the last day of the company’s fiscal year |
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part of the annual report that shows the source of the company’s income and its expenditures |
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the decline in value of assets such as machinery and vehicles due to new technology or to wear and tear |
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the total amount the company earns from the sales of goods and services |
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the difference between revenue and the cost of making a product or providing a service before deducting overheads such as payroll, taxation and interest payments. |
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the amount that is left over after all of the costs have been met from the income of a business, the actual profit |
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n entity, or company or a person of a legal nature that has provided goods, services or a monetary loan to a debtor |
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the transfer of a business, industry, or service from public to private ownership and control Crown Corporation – federally or provincially owned corporations established to provide goods or services for the public, also known as public enterprises |
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a person who buys and sells goods or assets for others. |
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an expert estimate of the value of something |
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Dow Jones Industrial Average (DOW) |
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shows general trends of stock market prices in the US based on the closing prices of the stock of thirty major US corporations from sectors considered most representative of the US economy |
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Toronto Stock Exchange (TSX 300) |
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a composite index which measures changes in the prices of 300 leading and representative Canadian stocks. |
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