Company organization
AB
An establishment formed to carry on commercial enterpincrease.

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Sole proprietorshipA company owned and also controlled by a solitary individual. The earliest and the majority of widespread create of company company.
LiabilityThe legally bound obligation to pay debts.
Lack of permanenceA sole proprietorship ends with the life of the owner.
PartnershipA service company owned by 2 or even more persons.
General partnershipMost widespread form of partnership wright here both partners share duty and liability.
Limited partnershipOnly one partner in a partnership has actually boundless personal licapability.
Countless liabilityIf a business falls short, the owner hregarding sell personal property to pay off debts.
Limited liability PartnershipAll partners have actually limited licapability, so they do not have actually individual licapacity for debt.
AssetsMoney and various other valuables belonging to an individual or organization.
CorporationA legal entity owned by individual stockholders.
StockA certificate of ownership in a corporation.
Closely hosted corporationCorportation that worries stock to just a couple of civilization.
Publicly hosted corporationCorporation that sells stock on the open sector.
BondA formal contract promising to repay borrowed money via interemainder.
Certificate of IncorporationLicense to develop a corporation issued by the state government.
ConglomerateCompany combination merging even more than three businesses that make unrelated products.
Horizontal mergerThe combicountry of two or more firms contending in the very same market for the exact same great or organization.
Vertical mergerThe combination of two or more firms connected in various stperiods of creating the same excellent or business.
DividendThe protion of corpoprice earnings phelp out to stockholders.
Multinational Corporation ((MNC)Large corporation that produces and also sells its products and services throughout the civilization.
Business franchiseA semi-independent service that pays fees to a parent agency in rerotate for the exclusive appropriate to offer a details product or organization in a particular location.
RoyaltyShare of revenue given as payment to franchiser or producer of an excellent or organization.
CooperativeA organization company owned and operated by a team of people for their shared benefit.

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Non-profit organizationInstitution that attributes much favor a organization yet does not operate for the purpose of making a profit.
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