C8 The Stock Market

Front

capital

Back

the money used to start or grow a business

Front

sole proprietorship

Back

a business owned by one person

Front

profit

Back

money left after all expenses have been paid

Front

personally liable

Back

an individual is legally responsible for debts, obligations, or damages incurred by a business they own or operate

Front

partnership

Back

a group of people that is legally responsible for debts, obligations, or damages incurred by a business they own or operate

Front

corporation

Back

a business organization owned by one person or a group of people

Front

shares of stock

Back

units of ownership in a company

Front

shareholders

Back

owners of stock in a particular company

Front

limited liability

Back

a shareholder cannot lose more than the value of their share of the business

Front

private corporation

Back

shares are owned by a few individuals and not available for sale to the public