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Student's Book Form Five
Dividend a portion of a company’s net income that is periodically
distributed/allocated to shareholders as the return on
their investment
Entrepreneurship the process of identifying, creating, and pursuing
opportunities to start and grow new ventures for profit
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Financial ecosystem the interconnected network of various entities such
as investors, banks, regulators financial markets, and
technological providers that contribute to the functioning
of the financial industry
Government agency an entity with legal authority to act on behalf of the
government in specific capacities for the effective
delivery of public services
Gross Domestic Product a measure of the total value of all goods and services
(GDP) produced within a country’s borders during a specific
period, often annually
Initiator a person or a team with the task of introducing or
starting an activity
Intellectual Property the intangible creations of the mind, such as inventions,
artistic works, and literary pieces. It usually covers
names, symbols, designs, and images used in commerce.
Interest rate the cost of borrowing money or the return on investment
expressed as a percentage of the principal amount
Investment bank a financial institution that acts as an intermediary or
middleman between a business enterprise and investors
when the business enterprise wants to raise capital
Irredeemable debentures types of debentures or long-term debt that are not
repayable by a business during its lifetime but are
repayable during the winding up of the business
Key Success Factors the most important factors that an entrepreneur cannot
implement a business idea without
Labour a physical and mental effort employed by individuals
to support production, and other business activities
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