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| the flow of payments for good and services between households and businesses |
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| Money brought in by a business |
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Definition
happens when a producer's cost is greater than total revenue; the opposite of profit
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| a business owned by one person |
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Definition
| a business that is owned by two or more people |
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Definition
| a business that is owned by stockholders |
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| a share (piece) of ownership in a corporation |
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| a person who buys stock in a corporation; a shareholder |
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| a share in a corporation's profit that is paid to a stockholder |
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| a group of people elected by stockholders to make major decisions for a corporation |
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Term
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Definition
| when a large business chain allows a person to use it's name to sell goods or services |
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