econ vocab 3

money and other valuables belonging to an individual or business

am establishment formed to carry on commercial enterprise

nonprofit organization that promotes the interest of a particular industry

partnership in which only one partner is requires to be a general partner

business owned and managed by a single individual

nonprofit organization that works to improve the image, working conditions, and skill levels of people in particular occupations

authorization to start a business issued by the local government

a legal entity owned by individual stockholders

a business organization owned and operated by a group of individuals for their mutual benefit

a formal contract to repay borrowed money with interest at fixed intervals