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Definition
| is the discipline that determines value, evaluates a company's financial status, and makes decisions about money, banking, investments and other financial matters |
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| oversees a corporation's investment and financial decisions |
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| is a business owend by one person; corporate partnership and corporation |
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| means the business owner can lose his business and personal assets in payment of business debts |
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| is an unincorporated business owned by two or more people or entities; compare sole proprietorship and corporations; see also general partnership and limited partnership |
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| has all partners share profits and losses, as described in their partnership agreement; compare limited partnership |
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| contains the agreed upon terms of a partnership |
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| has one or more general partners who run the business and who bear unlimited liability for business debts and one ore more limited partners who do not participate in running the business and who bear only limited liability for business debts; compare general partnership |
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| is a business that is a legal entity distinct from the people or entities of which it is composed; compare sole proprietorship and partnership |
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| hires executives and managers to run the corporation |
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| Limited Liability Company (LLC) |
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Definition
| combines the tax advantage of a partnership with the limited liability of a corporation |
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| is owned and managed by one or more professionals to provide professional services |
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| is an individual or business with a financial interest in the company |
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plans and manages the firm's long-term investments |
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| the firm maintains and uses to finance its operations |
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| equals current assets minus current liabilities |
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is a mechanism for trading securities |
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| trades short term securities |
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| trades long term securities |
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| is paper or electronic evidence of an equity or debt instrument |
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| is the market in which a corporation sells its securities for the first time; compare secondary market |
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| is the price the dealer is willing to pay for the security; compare asked price |
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| is the price at which the dealer is willing to sell the security; compare bid price |
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| is the difference between the security's bid price and asked price |
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Definition
| is a market in which a securities owner sells his securities to another buyer; compare primary market |
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| is a market's ability to handle a large number of transactions without a significant effect on price; compare market breadth |
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Definition
| is the precentage of the overall market participating in the market's up and down move; compare market depth |
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Term
| Articles of Incorporation |
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Definition
| supply basic information about the proposed corporation to the state that will incorporate it |
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Definition
| are a corporation's own rules for conducting its business |
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| Dealer market (over the counter market) |
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Definition
| has the securities owner sell his securities directly to the buyer |
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Organized exhange (auction market) |
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Definition
| sells securities through brokers and agents, who match sellers with buyers |
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