📚 Year 12 Cambridge Business: Vocabulary Terminology Quick Reference Guide | Year 12 Cambridge 商务：词汇术语速记指南
Mastering the key terms in Cambridge AS Business is essential for constructing high-scoring answers. This bilingual quick-reference guide covers the core vocabulary across the Year 12 syllabus, presenting each term with a concise English definition and its Chinese equivalent to accelerate memorisation and deepen understanding.
掌握剑桥AS商务的关键术语是构建高分答案的基础。这份中英双语速记指南覆盖了Year 12考纲的核心词汇，为每个术语提供简洁的英文定义和中文对应表达，帮助加快记忆并加深理解。
1. Business Activity and Forms of Business | 商业活动与企业形式
Sole trader: A business owned and operated by a single individual. The owner has unlimited liability and retains all profits.
个体工商户（独资经营者）：由个人拥有和经营的生意。业主承担无限责任，并享有全部利润。
Partnership: A business formed by two or more people who share capital, responsibilities, and profits, usually governed by a deed of partnership.
合伙企业：由两个或两个以上的人共同出资、共担责任并分享利润的企业形式，通常由合伙协议约束。
Private limited company (Ltd): A company whose shares are not available to the general public; shareholders have limited liability.
私人有限公司 (Ltd)：股票不向公众发售的公司，股东承担有限责任。
Public limited company (PLC): A company whose shares can be bought and sold by the public on a stock exchange and
Published by TutorHao | Year 12 商务 Revision Series | aleveler.com
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