Chapter 4

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Venture capitalists
Lernen beginnen
specialist investors who provide money for business purposes, often to new businesses
Sue
Lernen beginnen
to make legal claim against someone, especially for money, because they have harmed you in some way
Limited companies
Lernen beginnen
business organisaions that have a sepratae legal identity from that of their owners
Limited liability
Lernen beginnen
shareholders are legally responsible for the debts of a company according to how many shares they own
Chairperson
Lernen beginnen
someone who is in charge of a meeting or directs the work of a committee or organisation
Certificate of incorporation
Lernen beginnen
document needed before a new company can start doing business
Private limited company (ltd)
Lernen beginnen
in uk, the ltds by shares (meaning the liability the shareholders to creditors of the company is limited to the capital originally invested) a shareholders personal assets are protected
Stock market
Lernen beginnen
market for shares in PLCs
Stake
Lernen beginnen
if you have a stake in a business, you have invested money in it
Public limited company (plc)
Lernen beginnen
a limited company whose shares are sold and traded with a minimum share capital of $50 000 and letters Plc after its name
Prospectus
Lernen beginnen
document produced by a company that wants the public to buy its shares
Regulatory control
Lernen beginnen
official power to control an activity and to make sure that it's done in a satisfactory way
Flotation
Lernen beginnen
process of a company ‘going public’
Multinational company
Lernen beginnen
large business with significant production or service operations in at least two different countries
Issue
Lernen beginnen
sale of new shares

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