SHARK TANK - Business Dictionary Quiz

What is the term for ownership interest in a company, usually in the form of stocks?

• Valuation

• Equity

• Patent

• Licensing

Which term refers to the process of determining the current worth of an asset or company?

• Stake

• Distribution

• Valuation

• Margin

What is a government authority or license conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention?

• Patent

• Equity

• Market value

• Liquidity

What term is used for a patent that has been applied for but not yet granted?

• Licensing

• Patent pending

• Proof of concept

• Break even

What is the term for a portion of ownership in a company or financial asset?

• Stake

• Royalty

• Sweat equity

• Margin

Which term describes something that is owned by an individual or company and is not public?

• Proprietary

• Distribution

• Licensing

• Liquidity

What are the costs associated with acquiring new customers?

• Customer acquisition costs

• Market value

• Proof of concept

• Break even

What is the process of making a product or service available for use or consumption by a consumer or business user?

• Distribution

• Licensing

• Valuation

• Equity

What is the term for the granting of permission to use intellectual property rights, such as trademarks, patents, or technology?

• Licensing

• Stake

• Market value

• Liquidity

What is a plan for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing?

• Business model

• Proof of concept

• Sweat equity

• Break even