SOLE PROPRIETOR Definition

Bookmark and Share

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.

Learn new Accounting Terms

SPREAD see ASK PRICE.

OPEN-END FUND is a mutual fund that continually offers shares for sale and will always redeem existing shares for cash at the shareholder's request.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.