shark tank Flashcards


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created 8 months ago by 6addituc
notecards
Subjects:
social studies 7th grade
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1

Equity

partial ownership

2

royalty

sum of money paid to the patentee

3

propriety

ideas and process that are usually protected by patients

4

profit

a business's total revenue less it's expenses

5

patent

government issued license

6

overhead

costs that a business must pay regardless of it's performance

7

market value

the price a product would fetch on the market

8

margin

the difference between a products or services selling point and its costs of production

9

liquidity

the degree at which an asset or security can be quickly sold or bought in the market without affecting the assets

10

break even

a point in a business venture when the profits are equal to costs

11

stake

share or interest in something (in this case the business or money)