sole trader

A type of business enterprise or proprietorship which is owned by one person who is fully liable for the companys debts and fulfilment of contracts with his/her personal wealth unless incorporated.
See Also: sole proprietor

Wikipedia foundation.

Look at other dictionaries:

  • Sole trader — A feme sole trader. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • sole trader — sole traders N COUNT A sole trader is a person who owns their own business and does not have a partner or any shareholders. [BUSINESS] Finance for a sole trader usually comes from the individual s own savings or from family and friends …   English dictionary

  • sole trader — An individual running a business on his own account without a company. He is personally liable for the business debts and liabilities and all his personal assets are available to satisfy business creditors. If the business fails and he becomes… …   Law dictionary

  • sole trader — a person who trades by himself/herself without the use of a company structure or partners and bears alone full responsibility for the actions of the business. Glossary of Business Terms The sole promoter has unlimited liability. In other words,… …   Financial and business terms

  • sole trader — Law. See feme sole trader. * * * …   Universalium

  • sole trader — Law. See feme sole trader …   Useful english dictionary

  • sole-trader — adjective noun …   Wiktionary

  • sole trader — /soʊl ˈtreɪdə/ (say sohl trayduh) noun an individual who carries on a business for his or her own profit, without being in partnership or incorporated into a company …   Australian English dictionary

  • sole trader — /səυl treɪdə/ noun a person who runs a business, usually by themselves, but has not registered it as a company …   Marketing dictionary in english

  • sole trader — Fin a person conducting business with total legal responsibility for his/her actions, neither in partnership nor as a company …   The ultimate business dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.