Examlex
If there is a power failure while you are working on a database, all your changes will be lost unless you saved them first.
Operating
Pertaining to the ongoing, day-to-day activities necessary for an entity to function, including production, sales, and administrative tasks.
Business Ownership
Business Ownership entails the possession, control, and responsibility over a business entity, including rights to its assets and liabilities.
Corporation
A legal entity that is separate and distinct from its owners, offering Limited liability to its shareholders, and having the ability to raise capital through issuing stock.
Non-profit
A non-profit organization is one that operates for a collective, public or social benefit, rather than to make money for its owners or investors.
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