Unit 2 Vocabulary

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1.
Liability
2.
Ownership in a business, often represented as shares of stock or ownership percentage.
3.
Money or assets invested in a business to help it start or grow.
4.
Total income generated from sales before any expenses are deducted.
5.
Costs incurred by a business to operate, such as rent, wages, supplies, and utilities.
6.
The percentage of revenue that remains after expenses are subtracted; a measure of financial health.
7.
Incorporation
8.
A payment made by a corporation to its shareholders from company profits.
9.
How easily assets can be converted into cash to pay expenses or debts.
10.
Investment money provided to startups or small businesses with high growth potential, often in exchange for equity.
11.
A business owned and run by one individual, with no legal distinction between owner and business.
12.
A business owned by two or more people who share profits, losses, and responsibilities.
13.
A limited liability company; combines pass-through taxation of a partnership with liability protection of a corporation.
14.
A business that is a separate legal entity owned by shareholders, offering limited liability but more regulation.