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Tip of the Day Pay Your Bills On Time

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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Sole Proprietorship

Definition: A business structure in which a single person owns and operates the entire business.

TeenAnalyst Advice: Sole proprietorships are really easy to get started but they don't offer lots of flexibility.  It's hard to take on investors and not easy to hire employees.

Sole proprietorships are taxed on the individual's income tax return.

 

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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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