Match the Term to Its Definition

question 85

Multiple Choice

Match the term to its definition.
-A statement of principles intended to guide a family firm through times of crisis and change

• A)co-preneurs
• B)cousin consortium
• C)family
• D)family business
• E)family business constitution
• F)family council
• G)family retreat
• H)nepotism
• I)organizational culture
• J)owner-managed business
• K)sibling partnership
• L)socioeconomic wealth
• M)transfer of ownership

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from a country's central bank or Federal Reserve.

Issued Price

The price at which a new security is offered to the public for the first time.

Market Rate of Return

The average return on investment that is typical for a particular market or industry.

T-bill

Short-term government securities issued at a discount from the face value and maturing at par, used to finance government debt.