The LedgerBusiness Dog · $BUSINESS · it's just business

Business Glossary

Plain-English definitions of business, finance, legal, and crypto terms — from Business Dog. No jargon, no gatekeeping, occasional jokes.

A

  • Angel InvestorA wealthy individual who invests their own money into early-stage businesses.

B

  • B2BBusiness-to-Business — selling products or services to other businesses.
  • B2CBusiness-to-Consumer — selling directly to individual people.
  • Bear MarketA period when prices are falling and pessimism dominates.
  • BootstrappingBuilding a business using your own money and its own revenue, without outside investors.
  • Break-Even PointThe point where total revenue equals total costs — no profit, no loss.
  • Bull MarketA period when prices are rising and optimism is high.
  • Burn RateHow fast a business spends its cash, usually measured per month.
  • BusinessAn organization or activity that provides goods or services in exchange for money.
  • Business Bank AccountA dedicated bank account for your business, kept strictly separate from personal money.
  • Business Email CompromiseBEC — a scam where fraudsters impersonate a trusted party by email to redirect a real payment.
  • Business ModelThe specific way a business makes money.

C

D

  • Dark PatternA user-interface trick designed to nudge you into choices you didn't mean to make.
  • DEXA decentralized exchange — trade crypto peer-to-peer with no company in the middle.
  • DividendA share of a company's profits paid out to shareholders.
  • Due DiligenceThe research you do before making a deal, investment, or big business decision.

E

  • EBITDAEarnings Before Interest, Taxes, Depreciation, and Amortization — a measure of core operating profit.
  • EINAn Employer Identification Number — a free federal tax ID for your business.
  • EquityOwnership in a company, usually expressed as shares or a percentage.

G

  • Gross MarginThe percentage of revenue left after the direct cost of what you sold.

I

  • IPOInitial Public Offering — when a private company first sells shares to the public.

L

  • LiquidityHow easily an asset can be bought or sold without moving its price.
  • LLCA Limited Liability Company — a business structure that separates your personal assets from the business.

M

  • Market CapThe total value of all a company's shares or a token's supply — price times quantity.
  • MemecoinA cryptocurrency built around a meme, community, or joke rather than a technical use case.
  • Minimum Viable ProductMVP — the simplest version of a product you can launch to start learning from real customers.
  • MLMMulti-level marketing — selling products through a network of distributors who also recruit.
  • Money MuleA person who moves stolen or laundered money for criminals — often without realizing it's a crime.

O

  • OverheadThe ongoing costs of running a business that aren't tied to a specific sale.

P

  • Ponzi SchemeA fraud that pays existing investors with new investors' money instead of real profit.
  • ProfitWhat's left after you subtract all expenses from revenue — the 'bottom line.'
  • Pyramid SchemeAn illegal model where money comes from recruiting others, not selling real products.

R

  • RevenueThe total money a business takes in before any expenses — the 'top line.'
  • Revenue vs ProfitRevenue is money in; profit is what's left after expenses. Confusing them kills businesses.
  • ROIReturn on Investment — how much you gained relative to what you put in.
  • Rug PullA crypto scam where creators abandon a project and run off with investors' money.
  • RunwayHow long a business can survive on its current cash before running out.

S

  • S-CorpA tax election that can save established businesses money on self-employment taxes.
  • Self-Employment TaxThe ~15.3% tax self-employed people pay to cover both halves of Social Security and Medicare.
  • Shell CompanyA business that exists on paper with no real operations — legal, but a scammer favorite.
  • SolanaA fast, low-cost blockchain popular for tokens, NFTs, and memecoins.
  • Sole ProprietorshipThe simplest business structure: you and the business are legally the same person.
  • StockA share of ownership in a company.

V

  • ValuationWhat a business is estimated to be worth, often set during fundraising.
  • Venture CapitalInvestment money given to high-growth startups in exchange for equity (ownership).

W

  • Wash TradingFaking trading volume by buying and selling to yourself to make an asset look popular.