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Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Definition: A business structure in which at least two people own and manage the business.

TeenAnalyst Advice: Partnerships are easy to set up and that's why they're often preferred for small businesses with multiple owners.  All profits are taxed on the individual partners taxes.

The downside is that they aren't very stable organizations.  If a partner dies, it could send the business into disarray.


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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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