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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Public Company

Definition: A company that investors can buy and sell shares of on the open market.  As opposed to a private company, in which they can't.

TeenAnalyst Advice: A company "goes public" when it issues stock for the first time.  This represents the first time regular investors can buy or sell shares openly.

A private company is much harder to invest in.  Not everyone can do it and it's usually at the discretion of management.

The downside to being a public company is that the company must report more information.  They're also liable to shareholders and must look out for their interests.  If shareholders get upset, it can get messy for the company.

 

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Definition of the Day Joint Venture

Definition: When two or more individuals or corporations cooperate in a business venture and agree to split the profits and management. TeenAnalyst Advice: Joint venture are usually undergone by companies that want to work together but not have to merge.Joint ventures are separate entities created by the companies (or individuals) and...

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