| A | B |
|---|
| cooperative | A legal form of business owned by the people who use its services or by the people who work there. |
| corporation | Owned by shareholders whose liability for the firm's losses is limited to the value of the stock they own. |
| franchise | A form of business in which one owner uses the model, methods, and trademarks of another. |
| partnership | A business with two or more owners who share the firm's profits and losses. |
| proprietorship | A business with one owner who takes full responsibility for the business' profits and losses. |
| stock | A share of ownership in a corporation. |
| bond | A certificate that is issued to a lender by the government or by a publicly held corporation promising to repay borrowed money. |
| shareholder | A person who owns one or more shares of stock. |
| IPO | Refers to the first time a corporation offers shares of stock to the public for purchase. |
| dividend | A share of the company's net profits paid to stockholders. |
| stock market | The buying and selling of stock occurs here. |
| monopoly | A single supplier of a good or service. |
| oligopoly | A few businesses supply all or most of a good or service. |
| collusion | The illegal act of attempting to limit competition or set prices. |
