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shark tank vocab

1.

Equity

partial ownership

2.

Royalty

sum of money paid to the patentee

3.

Propriety

Ideas and process that are usually protected by patents

4.

Profit

A business's total revenue less its expenses

5.

Patent

Government issues license

6.

Overhead

costs that a business pay regardless of its peformance

7.

Market Value

The price a product would fetch on the market

8.

Margin

The difference between a product 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 price

10.

Break Even

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

11.

Stake

Share or interest in something.