| A | B |
|---|
| cash flow | "the bottom line" is the sum of net income and non-cash charges such as depreciation |
| multinational | corportation that has manufacturing or service operations in a number of countries |
| sole proprietoeship | business owned and run by one person |
| principal | money that is borrowed |
| depreciation | non-cash charge a firm takes for the general wear and tear on its capital goods |
| limited liability | investor's responsibility for the devts of a business which is limited by the size of his or her investment in the business |
| labor union | orgaization of workers formed to represent its membes' interests in various employment matters |
| inventory | stock of finished goods and parts in reserve |
| corporation | form of business organization recognized by law as a separate legal lentity having all the rights of an individual |
| multinational | corporation that has manufacturing or service operations in a number of countries |
| interest | price paid for the use of another's money |
| consumer cooperative | voluntary association that buys bolk amounts of goods on behalf of its members |
| dividend | payment to a stockholder representing a portion of the corporate earnings |
| partnership | buriness that is jointly owned by two or more persons |
| cash flow | sum of net income and non-cash charges, such as depreciation |
| net income | revenues minus expenses, including taxes |
| stock | ownership certificates in a firm |
| collective bargaining | negotiation by a labor union with management over issues such as pay, working hours, and vacation |
| credit union | financial organization that accepts depostis from and makes loans to employees from a particular company or government agency |
| bankrupcy | courtpgranted permission to an individual or business to cease or delay paying debts |
| nonprofit organization | organization that operates in a businesslike way to ptomote the collective interests of its members rather than seek profit for its owners |
