| A | B |
|---|
| partnership | A business with 2-20 owners |
| ltd | The intials of a private limited company |
| plc | the intials of a public limited company |
| unlimited | The sort of liability a sole trader and a partnership has |
| limited | the sort of liability a plc has |
| shares | a plc can sell these to the public to raise finance |
| deed | a partnership will sign one of these |
| profit | a sole trader gets to keep all of this |
| disagreements | a partnership may have these becasue more than one person makes the decisions |
| public | This is what the "P" in PLC stands for |
