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common stock

inventory

interest

partnership

preferred stock

limited life

Bond

general partnership

stockholders or shareholder

principal

charter

dividend

Sole Proprietorship

corporation

limited partnership

unlimited liability

stock

double taxation

form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts

formal contract to repay borrowed money with interest

situation in which a firm cease to exist when an owner dies, quits, or sells the business.

taxation of dividends both as corporate profit and as personal income

unincorporated business owned and operated by two or more share the profits and responsibility for debts.

payment made for the use of borrowed money

from of corporate ownership without vote, in which stockholders get their investments back before common stockholders

stock of finished goods and parts held in reserve

business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm

most frequently used form of corporate ownership, with one vote per share for stockholder

check that transfer a portion of the company profits to stockholders, usually quarterly

form of business organization recognized by law as a separate legal entity

people who own a share of stock in a corporation

certificate of ownership in a corporation

requirement that an owner is personally and fully responsible for all losses and debts of business

form of partnership where all partners are equally responsible for management and debts

written government approval to establish a corporation

amount borrowed when getting a loan or issuing a bond