Definitions
Business & Finance Terms – Short Definitions
1. Shareholder – A person or group that owns shares in a company.
2. Stakeholder – Anyone affected by or involved in a business (e.g., employees, customers,
investors).
3. Equity – The value of ownership in a business, calculated by subtracting liabilities (debts)
from assets.
4. Liability – A company’s financial debt or obligation.
5. Value Chain – The full range of activities that add value to a product or service, from
creation to delivery.
6. Share – A unit of ownership in a company, typically representing a claim on part of the
company’s assets and earnings.
7. Amortization – The process of gradually paying off a debt or spreading the cost of an
intangible asset over time