Business Terminology Flashcards

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Acquisition

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Taking ownership of another business, often used with the word merger, as in mergers and acquisitions or M&As.

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Advertising

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The activity of attracting public attention to a product or business through paid announcements in print, broadcast, or electronic media.

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Angel Investors

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Individuals who back emerging entrepreneurial ventures, usually as a bridge from the self-funded stage to the level of business that would need and attract venture capital.

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Appraisal

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A formal estimate of the value of something on the open market. It also describes how the estimation and conclusion of value was made.

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Barter

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Direct exchange of merchandise and/or services between businesses.

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Business

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The principal activity in one's life to earn money.

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Business Incubator

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Provides workspace, coaching, and support services to entrepreneurs and early-stage businesses.

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Business Valuation

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An estimate of the worth of a business entity and its assets.

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Copyright

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A form of protection for published and unpublished literary, scientific, and artistic works that have been fixed in a tangible or material form.

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Corporation

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A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members. It shields its investors from personal liability.