Category: Money & Wealth Page 10 of 14

1. A sole proprietor or partner in a partnership to whom the legal requirements under a contract of employment do not apply. He or she may employ others. These individuals obtain their own work or sales and pay their own expenses. 2. The process of earning a living through using one’s own capital, knowledge, intelligence, efficiency and taking a risk.

An individual or entity who owns a business with the expectation of profiting from the successful operations of the company. Generally, they have decision-making abilities and first right to profit.

A person who organizes and operates a business, taking on greater than the normal financial risk in order to make a profit. The entrepreneurial spirit is characterized by innovation, risk-taking and a positive bias.

A person who invests money in order to make a profit. Types of investments include: equity, debt securities, real estate, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc.

1. An amount, as of goods, services, or money, considered to be a fair and suitable equivalent for something else; a fair price or return. 2. Monetary or material worth: the fluctuating value of gold and silver. 3. Worth in usefulness or importance to the possessor. 4. A principle or standard, as of behavior, that is considered important or desirable. 5. Precise meaning or import, as of a word. 6. A quantity or number expressed by an algebraic term. 7. The quality (positive or negative) that renders something desirable or valuable. 2. The degree of importance given to something. 8. That which is valued or highly esteemed, as one’s morals, morality, or belief system.

1. The difference between the price of a product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways. 2. The extra features of a product, service, or person that go beyond the standard expectations and provide something more, even if the cost is higher to the client or purchaser. Value-added features give companies a competitive edge and allow them to charge higher prices than their competitors.

1. Of, relating to, engaged in, or suitable for a profession: lawyers, doctors, and other professional people. 2. Conforming to the standards of a profession: professional behavior. 3. Engaging in a given activity as a source of livelihood or as a career: a professional writer. 4. Performed by persons receiving pay: professional consultant. 5. Having or showing great skill; expert: a professional repair job. 6. A person following a profession, especially a learned profession. 7. One who earns a living in a given or implied occupation: hired a professional to build the house. 8. A skilled practitioner; an expert.

1. The amount of money or resources earmarked for a particular institution, activity or time-frame. 2. An itemized summary of estimated or intended expenditure for a given period; usually coupled with expected revenue. 3. A systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period. 4. The total sum of money allocated for a particular purpose or period of time.

1. A regular activity performed in exchange for payment, especially as one’s trade, occupation, or profession: Her job is doing customer service. 2. A position of employment: How many jobs are open at the company? 3. A task that must be done: Let’s finish this job before we start the next one. 4. A specified duty or responsibility: Your job is to look after the dogs while we’re away. 5. A difficult or strenuous task: It’s a real job getting people to help out at these charity events. 6. A specific piece of work to be done for a set fee: a cheap repair job. 7. The object to be worked on: Those overgrown shrubs are a big job. 8. Something resulting from or produced by work: I like the job they did on those gardens.
9. An operation done to improve one’s appearance, or the result of such an operation. Often used in combination: a nose job. 10. A program application that may consist of several steps but is performed as a single logical unit. 11. A criminal act, especially a robbery: a bank job. 12. An example of a specified type, especially of something made or constructed. Often used in combination.