Vocabulary
Bonds
Stocks
Budgets
Types of Businesses
100
Money coming into a business. Examples include ticket and concession sales.
What is revenue?
100
An obligation that needs to be repaid with interest.
What is a bond?
100
Demonstrates ownership interest in a company.
What is a stock?
100
A road map that shows where a business intends to spend its money.
What is a budget?
100
The business structure that receives some of the benefits of corporations and of partnerships without some of the drawbacks of typical corporation creation is this.
What are limited liability corporations or partnerships?
200
Costs that are incurred by a business. Examples include labor costs and equipment costs.
What are expenses?
200
A type of bond that can be redeemed for equity.
What is a convertible bond?
200
This type of stock requires the payment of dividends to certain shareholders first.
What are preferred stocks?
200
A type of budget that would be impossible for a start-up company to use.
What is a pro forma budget?
200
An advantage of sole proprietorship.
What is revenue only taxed once?
300
A constant stream of payments that is received for a fixed number of periods.
What is an annuity?
300
One advantage of bond financing.
What is interest is tax deductible?
300
A prolonged period during which stock prices continue to fall.
What is a bear market?
300
A method of budgeting in which all expenses must be justified for each new period.
What is zero-based budgeting?
300
This type of corporation cannot be owned by another corporation or partnership and can issue only one form of stock.
What is a subchapter S corporation?
400
Often referred to as secondary data.
What is external data?
400
A disadvantage of bond financing.
What is harmful to a company's credit rating?
400
This type of stock typically includes voting rights.
What is a common stock?
400
A future budget based on past financial results and expected future financial results.
What is a pro forma budget?
400
Businesses characterized by a division of ownership, in which individuals or groups combine resources to share in operating, managing, and controlling, as well as profits and liabilities, are known as this.
What are general and limited partnerships?
500
Assets that a company might not be able to convert to cash quickly.
What are hard assets?
500
A type of bond commonly used in stadium financing and issued by a public government entity.
What is a municipal bond?
500
The process of holding a stock and accruing a further return on gained interest over years.
What is compounding?
500
DOUBLE JEOPARDY Category: Major League Baseball
Including the playoffs, how many total games did the Chicago Cubs win in the 2016 season?
500
The simplest business form under which one can operate a business.
What is a sole proprietorship?
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