| A | B |
|---|
| articles of incorporation | an application to form a new corporation |
| nonprofit organization | an organization that generates revenue from product sales or donations but does not distribute the profits to any owner or trustee |
| board of directors | a panel elected by the stockholders of a corporation to establish its policies and overall direction |
| stock | a share of ownership in a corporation |
| shares | the portion of an owner's interest in a business |
| dividends | a stockholder's portion of a corporation's profit |
| common stock | a share of ownership in a corporation; grants dividends and a voice in corporate management to the shareholder |
| preferred stock | a share of ownership in a corporation |
| corporations | a business in which a group of owners, called stockholders, share in the profits and losses |
| corporate bond | a document representing a loan made by an investor to a corporation |
| principal | an amount of money that is borrowed, as in a loan - distinct from interest and profit |
| interest | the financial return gained by investing or lending capital; the money that a borrower pays to a bank or other lender in return for a loan |
| merger | the joining of two or more businesses under a single ownership |
| horizontal combination | a corporation made up of various businesses that produce the same or similar goods and services |
| vertical combination | a corporation made up a various businesses involved in different stages of the production process of the same good or service |
| conglomerate combination | a corporation made up of several companies involved in different industries and markets |
| subsidiary | a business that another company either owns or in which it has a controlling interest |
| franchise | a business that pays another established business to use the latter's name and product line |
| cooperatives | a business that is owned collectively by those who use its goods or services |
| corporate charter | a document that a government issues to grant certain rights and impose certain restrictions on a bank or corporation |
