shark tank vocab
Equity
partial ownership
Royalty
sum of money paid to the patentee
Propriety
Ideas and process that are usually protected by patents
Profit
A business's total revenue less its expenses
Patent
Government issues license
Overhead
costs that a business pay regardless of its peformance
Market Value
The price a product would fetch on the market
Margin
The difference between a product or services selling point and its costs of production
Liquidity
The degree at which an asset or security can be quickly sold or bought in the market without affecting the assets price
Break Even
A point in a business venture when the profits are equal to costs
Stake
Share or interest in something.