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Webster's New World Finance and Investment Dictionary » entrepreneur
entrepreneur
entrepreneur definition - finance
A
person who starts his or her own business. The entrepreneur assumes the risk
but stands to gain the profits. The entrepreneur may continue to operate the business, or may decide to sell out to a larger competitor
or sell the company to the public in an initial public offering.
entrepreneur definition - finance
A
person who starts a business from scratch. The risk, as well as the possible
reward, for an entrepreneur is very high. Funding for the business may come
from personal funds, cash advances on credit cards, or loans from friends or family.
If the entrepreneur has a technology-related business, he or she may look for
funding from angels, who are wealthy investors who fund start-up businesses, or
venture capitalists.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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