Sole Trader Definition Business Dictionary
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Meaning of "sole trader" in the English dictionary
PRONUNCIATION OF SOLE TRADER
GRAMMATICAL CATEGORY OF SOLE TRADER
Sole trader is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.
WHAT DOES SOLE TRADER MEAN IN ENGLISH?
Sole proprietorship
A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor and all debts of the business are the proprietor's. It is a "sole" proprietorship in contrast with partnerships. A sole proprietor may use a trade name or business name other than his or her legal name.
Definition of sole trader in the English dictionary
The definition of sole trader in the dictionary is a person who owns their own business and does not have a partner or any shareholders.
WORDS THAT RHYME WITH SOLE TRADER
Synonyms and antonyms of sole trader in the English dictionary of synonyms
Translation of «sole trader» into 25 languages
TRANSLATION OF SOLE TRADER
Find out the translation of sole trader to 25 languages with our English multilingual translator.
The translations of sole trader from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «sole trader» in English.
Translator English - Chinese
个体经营
1,325 millions of speakers
Translator English - Spanish
empresario individual
570 millions of speakers
Translator English - Hindi
एकमात्र व्यापारी
380 millions of speakers
Translator English - Arabic
تاجر الوحيد
280 millions of speakers
Translator English - Russian
индивидуальный предприниматель
278 millions of speakers
Translator English - Portuguese
comerciante em nome individual
270 millions of speakers
Translator English - Bengali
একমাত্র ব্যবসায়ী
260 millions of speakers
Translator English - French
seul opérateur
220 millions of speakers
Translator English - Malay
peniaga tunggal
190 millions of speakers
Translator English - German
Einzelunternehmer
180 millions of speakers
Translator English - Japanese
唯一のトレーダー
130 millions of speakers
Translator English - Korean
단독 자영업자
85 millions of speakers
Translator English - Javanese
Pedagang tunggal
85 millions of speakers
Translator English - Vietnamese
doanh nghiệp tư nhân
80 millions of speakers
Translator English - Tamil
தனி விற்பனையாளர்
75 millions of speakers
Translator English - Marathi
एकमेव व्यापारी
75 millions of speakers
Translator English - Turkish
Tek tüccar
70 millions of speakers
Translator English - Italian
commerciante in proprio
65 millions of speakers
Translator English - Polish
jedynym przedsiębiorca
50 millions of speakers
Translator English - Ukrainian
індивідуальний підприємець
40 millions of speakers
Translator English - Romanian
comerciant unic
30 millions of speakers
Translator English - Greek
ατομική επιχείρηση
15 millions of speakers
Translator English - Afrikaans
eenmansaak
14 millions of speakers
Translator English - Swedish
enskild näringsidkare
10 millions of speakers
Translator English - Norwegian
enkeltpersonforetak
5 millions of speakers
Trends of use of sole trader
TENDENCIES OF USE OF THE TERM «SOLE TRADER»
The term «sole trader» is regularly used and occupies the 86.071 position in our list of most widely used terms in the English dictionary.
The map shown above gives the frequency of use of the term «sole trader» in the different countries.
Principal search tendencies and common uses of sole trader
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «sole trader».
FREQUENCY OF USE OF THE TERM «SOLE TRADER» OVER TIME
The graph expresses the annual evolution of the frequency of use of the word «sole trader» during the past 500 years. Its implementation is based on analysing how often the term «sole trader» appears in digitalised printed sources in English between the year 1500 and the present day.
Examples of use in the English literature, quotes and news about sole trader
10 ENGLISH BOOKS RELATING TO «SOLE TRADER»
Discover the use of sole trader in the following bibliographical selection. Books relating to sole trader and brief extracts from same to provide context of its use in English literature.
1
Start and Run a Profitable Consulting Business
There are basically three forms of legal structure: sole trader, partnership, and limited company. You should seek competent legal and accounting advice before deciding on your business structure, as there could be distinct advantages or ...
2
Exit Strategy Planning: Grooming Your Business for Sale Or ...
In this appendix we will examine the reasons why a sole trader merger could be a useful exit option for sole traders either in business or in professional practice. ( Note: by 'sole trader' we do not necessarily mean someone who is the only ...
3
Essential Business Studies A Level: AS Student Book for AQA
Sole. traders. INTERNET RESEARCH Business Link, at www.businesslink.gov. uk, has useful background. LEARNING OBJECTIVES u What is a sole trader? u Liability u Legal issues ...
Jonathan Sutherland, Diane Canwell, 2008
The sole trader can employ people, but these employees are unlikely to be involved in the control, financing, or decision-making of the business. In your area, people such as electricians, taxi drivers, hairdressers, and guest-house owners are ...
Diane Wallace, Stephanie Wallace, 2001
5
Principles of Business Studies
10. Freedom from government regulation. A sole trader is the absolute master of his show. He is free to do whatever he likes. A sole trader business has to comply with practically negligible or insignificant government control and regulation.
6
Consultancy: An Engineer's Guide to Getting Started
A business can take a number of different types of legal form: sole trader; partnership; private limited company (Ltd); public limited company (Pic); co- operative. The most common entity for a new start-up consultancy is the sole trader. The next ...
Henry Rowson, David Wright, 2004
7
Concise Corporations Law
A "sole trader" or "sole proprietorship" exists when an individual personally conducts his/her own business. Whilst that individual may employ staff, he/she owns, and probably manages, the business. 2.2(ii) Benefits and shortcomings of sole ...
8
Due Diligence and Corporate Governance
All the sole trader can really do is: q trade honestly and carefully; • choose and supervise employees, agents and contractors carefully (he or she may be liable for their mistakes); q if appropriate in the business, trade only on the terms of his or ...
9
International Commercial Law for Business
Any person operating as a sole trader needs to understand some important legal aspects: (a) The business has no separate entity from the owner. Liability is unlimited which means that the personal fortune of the sole trader must be used if the ...
10
Operations Management in the Travel Industry
This book is the prescribed text for the Foundation Degree in Travel Operations Management, and will also be useful to industry practitioners and students in a range of related courses at all levels.
10 NEWS ITEMS WHICH INCLUDE THE TERM «SOLE TRADER»
Find out what the national and international press are talking about and how the term sole trader is used in the context of the following news items.
Xero: A sole trader's take
For example, we were presented with payroll and inventory management options, even though we specifically selected a sole trader service-based business. «ZDNet, Jun 15»
Budget brief: are there any surprises for small business, including …
Around two-thirds of small businesses, and most sole traders, do not bother operating as separate company structure. This means the mooted 1.5% cut for small ... «The Conversation AU, May 15»
Concerns over Somerset County Council carers' project
A council project to boost the number of "sole trader" carers for the elderly may leave people without support, a care association has said. The Somerset Choices ... «BBC News, Apr 15»
Trading at the speed of light
Working as a sole trader, the allegation is that he used automated trading programs to generate vast sell orders, triggering the collapse in prices, which would ... «Telegraph.co.uk, Apr 15»
Sole traders are driving UK business growth
Sole traders are at the forefront of UK business growth, with almost 200,000 ... 197,000 are thought to be sole traders, according to the Business Population ... «The Guardian, Nov 14»
Sole trader sells to Gemini WM due to 'ever increasing cost pressures'
IFA and wealth manager Gemini Wealth Management has acquired the pension and investment business from a fellow advisory firm after it shut up shop due to ... «Professional Adviser, Jul 14»
Sole trader registrations are on the up
Government data reveals sole trader registrations are on the rise in 2014, while private company registrations have slipped for the first time since 2008. «SmartCompany.com.au, Jun 14»
Do I need a business bank account?
The short answer is no, if you're operating as a sole trader or partnership you don't have to open a business bank account, but it's a great idea to do so. Read on ... «Sydney Morning Herald, Mar 14»
Sole trader or limited company: Which business structure is best?
There are advantages and disadvantages to both. So the question is, should you incorporate your business or remain as a sole trader? Here are the main pros ... «Startups.co.uk, Feb 14»
Should you own your business through a company?
The downside of operating a business either as a sole trader or a partnership of individuals is that you do not get the legal protection of operating through a ... «Sydney Morning Herald, Feb 14»
REFERENCE
« EDUCALINGO. Sole trader [online]. Available <https://educalingo.com/en/dic-en/sole-trader>. Dec 2021 ».
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Sole Trader Definition Business Dictionary
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