Shark Tank Terms

Total spent for goods or services including money, time, and labor.

A document granting an inventor sole rights to an invention.

Amounts of money earned from a company's sales of products/services to its customers.

Authorization to sell a company's goods or services in a particular place.

Wealth in form of money, property, and human resources of economic value

This plans out what you will spend, your profit, your budget, and your target audience.

What is a royalty?

Providers of funds for small or medium sized companies that may be too risky for some.

A share or interest in a business, situation, or system.

Estimate the monetary worth of something.

Total amount of money being transferred into and out of a business.

Word, symbol, or phrase used to identify a company's product.

This document explains the money you will spend and the profit you will receive.

This asks people what they like and dislike.

Buying and selling of products or services over electronic systems (Internet)

Quantity of goods held in stock.

Investments in which investor becomes part (or whole) owner in something.

Services provided to the public, such as electric, natural gas, water, etc.