Chapter 4

 0    15 flashcards    bogavacema836
download mp3 print play test yourself
 
Question Answer
Venture capitalists
start learning
specialist investors who provide money for business purposes, often to new businesses
Sue
start learning
to make legal claim against someone, especially for money, because they have harmed you in some way
Limited companies
start learning
business organisaions that have a sepratae legal identity from that of their owners
Limited liability
start learning
shareholders are legally responsible for the debts of a company according to how many shares they own
Chairperson
start learning
someone who is in charge of a meeting or directs the work of a committee or organisation
Certificate of incorporation
start learning
document needed before a new company can start doing business
Private limited company (ltd)
start learning
in uk, the ltds by shares (meaning the liability the shareholders to creditors of the company is limited to the capital originally invested) a shareholders personal assets are protected
Stock market
start learning
market for shares in PLCs
Stake
start learning
if you have a stake in a business, you have invested money in it
Public limited company (plc)
start learning
a limited company whose shares are sold and traded with a minimum share capital of $50 000 and letters Plc after its name
Prospectus
start learning
document produced by a company that wants the public to buy its shares
Regulatory control
start learning
official power to control an activity and to make sure that it's done in a satisfactory way
Flotation
start learning
process of a company ‘going public’
Multinational company
start learning
large business with significant production or service operations in at least two different countries
Issue
start learning
sale of new shares

You must sign in to write a comment