Business and Personal Finance Dictionary

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• BUSINESS DEVELOPMENT BANK OF CANADA (BDC) - A crown corporation that helps establish and develop Canadi...
  
  
• BUSINESS DEVELOPMENT COMPANY (BDC) - a publicly traded company that invests in private companies and is...
  
  
• BUSINESS ENTITY - a selection of the legal form under which a business is to operate: sole proprietorsh...
  
  
• BUSINESS ENTITY PRINCIPLE - where the business is seen as an entity separate from its owner(s) that kee...
  
  
• BUSINESS FAILURE - A business that has terminated operations with a loss to creditors.
  
  
• BUSINESS INTEREST EXPENSE - Interest incurred in the operation of your business. It is deductible as a ...
  
  
• BUSINESS JUDGMENT RULE - A rule of law which prevents directors of a corporation from being held person...
  
  
• BUSINESS MATRIX - often used in business incubators, is where separate business entities join forces to...
  
  
• BUSINESS OPPORTUNITY - Any type of business that is for sale (also called business brokerage). The sale...
  
  
• BUSINESS PLAN - a description of a business (normally over a 1-5 year period). A basic business plan in...