The part of a company that a person or organization owns, represented by the number of shares they have. Investors provide capital in exchange for equity stakes. Example: Joe asked for 30% percent equity in bobs company
An advisory board is a body that provides non-binding strategic advice to the management of a corporation. Example: When a company has a meeting about there next big idea they talk it over with the advisory board.
An amount of money, typically a set percentage of the value involved, paid to an agent in a commercial transaction. Example: She earned 7% commission on her 100k sale.