Business Terminology and Concepts

Flashcards covering key vocabulary and terminology related to business concepts.

Stakeholders

Any person or group affected by the company’s actions or performance—not just stock owners.

Shareholders

Partial owners of a company who make money; they are always stakeholders.

Incentives

Tools used to encourage individuals to improve performance.

Greenmailer

A person or company that buys a large amount of stock and threatens to take over, forcing the company to buy back the stock at a premium.

Pass the law

To enact legislation.

Poison pill defense

A company strategy to make shares less attractive to potential acquirers.

Hefty

Massive; large in amount.

Short-change

To give less than the proper amount or to treat unfairly.

Thwarted

To disrupt one’s plans.

Condescending

Patronizing; talking down to someone.

Explicit

Straightforward and clear.

Venerated

Praised and highly respected.

Outstanding shares

Shares that have been owned by shareholders.

Shareholder value

The financial benefit received from owning a company’s shares.

Shareholder capitalism

An economic system where the primary goal of a company is to maximize value for its shareholders.

Caution

To give a warning.

Bid

To extend an offer.

Uphold a right

To support or defend a legal or moral right.

Face an issue

To encounter or deal with a problem or challenge.

Issue a claim

To formally submit or make a legal or official request.

Amendments

Changes, corrections, or additions made to a document, law, contract, or text.

Close-knit

Tightly bound; attached.

Fierce

Characterized by intense or ferocious force.

Deep-rooted

Firmly established, difficult to change.

Farfetched

Exaggerated or unlikely.

Fast-paced

Moving quickly; dynamic.

Dead end business/job

A position with no perspective for advancement.

Superficial

Lack of depth; shallow.

Demagoguery

Use of emotional or misleading arguments to gain power.

Deter

To discourage.

Dilute

To lessen in intensity.

Public company

A company whose shares are publicly traded.

Villain of the piece

The negative or bad person in the situation.