Vocabulary Set 2

An individual that owns at least one share in a corporation’s

               stock

• Stockholder

• Stakeholder

• Partner

• Founder

A fixed payment amount provided to a full-time employee

• Hourly pay

• Commission

• Contract

• Salary

A monetary amount given to employees in return for their work

• Commission

• Compensation

• Piece Work

• Customer

An individual hired by a company and compensated for their work

• Owner

• Compensation

• Employee

• Commission

The person that developed or created a company or

           organization and comes up with the funds to start the business

• Founder

• Owner

• Employee

• Chief Financial Officer

Two or more individuals that share a business’s financial

               responsibility

• Customer

• Founder

• Partners

• Stakeholder

An individual or business that purchases goods and services from a business

• Employee

• Customer

• Franchise

• Commission

An agreement between an employee and a company

                  outlining obligations and terms of employment

• Commission

• Salary

• Contract

• Compensation

The individuals who own the business

• Owners

• Founders

• Chief Executive Officer

• Stakeholder

A fee paid to an employee for completing a task

• Salary

• Contract

• Hourly Pay

• Commission