Business and Labor Terms

Front

nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services

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credit union

Front

a form of corporate ownership giving one vote per share for stockholders

Back

common stock

Front

organization that works for its members' interests concerning pay, working hours, health coverage, fringe benefits, and other job-related matters

Back

labor union

Front

form of stock without vote, in which stockholders get their investments back before common stockholders do

Back

preferred stock

Front

situation in which a firm legally ceases to exist when an owner dies or quits, or when a new owner is added

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limited life

Front

all partners are equally responsible for management and debts

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general partnership

Front

using social networking to appeal to potential investors

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crowdfunding

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combination of firms producing the same kind of product

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horizontal merger

Front

place where entrepreneurs can receive the training to build a successful start-up business

Back

incubator

Front

lender of investment funds to a start-up business in exchange for partial ownership of the business

Back

venture capitalist