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Types of Business Ownership Explained | Sole Traders, Partnerships, LTD, PLC and Franchise

68,682 views

Two Teachers

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

96%
  • 10:39 / 11:02

Speech Rate:

  • 176 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

plumbers

/ˈpləmər/

plumbers
noun other

person who fits and repairs pipes, fittings, and other apparatus of water supply. Worker who installs toilets, pipes etc. in building.

between

/bəˈtwēn/

between
adverb preposition

in space separating things. In the space that separates two objects.

typical

/ˈtipik(ə)l/

typical
adjective

having distinctive qualities of particular type of person or thing.

partnership

/ˈpärtnərˌSHip/

partnership
noun

state of being partner.

proprietor

/p(r)əˈprīədər/

proprietor
noun

owner of business, or holder of property.

structure

/ˈstrək(t)SHər/

structure
noun verb

The way in which the parts of a system or object are arranged or organized, or a system arranged in this way. construct or arrange according to plan.

options

/ˈäpSH(ə)n/

options
noun other verb

thing chosen. Two or more of several choices. buy or sell option on.

company

/ˈkəmp(ə)nē/

company
noun verb

Being with another person rather than alone. associate with.

entrepreneurs

/ˌäntrəprəˈnər/

entrepreneurs
noun other

person who sets up business or businesses, taking on financial risks in hope of profit. Businessperson who develops new businesses.

freedom

/ˈfrēdəm/

freedom
noun

State of being free, not being controlled.

limited

/ˈlimədəd/

limited
adjective verb

restricted in size, amount, etc.. To stop or prevent an increase past a point.

liability

/ˌlīəˈbilədē/

liability
noun

Something that is owed to someone else, e.g. debt.

startup

/ˈstär ˌdəp/

startup
noun

action or process of setting something in motion.

separate
separate
adjective noun verb

Being different from or unrelated to another. individual items of clothing suitable for wearing in different combinations. To divide two things by being in between them.

service

/ˈsərvəs/

service
noun verb

Work that a person does to assist others. To help or do work for someone, e.g. in a store.

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