ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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OWN WORK CAPITALIZED Definition
OWN WORK CAPITALIZED represents the value of work performed for own purposes and capitalized as part of fixed assets.
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SOLE PROPRIETOR is an individual who owns a business as opposed to stock in a corporation. A sole proprietor pays no corporate income tax but has unlimited liability for his/her business debts and obligations. See SOLE PROPRIERTORSHIP.
CAPITAL MARKET is a market where equity or debt securities are traded.