Business
Pepsi has a recognizable...
trademark
the authority to represent someone else, especially in voting.
proxy
______ is a tool used by lenders to dertermine if a person is in good stnding for loans or credit.
FICO
a deficit in a bank account caused by drwing more money than the account holds
overdraft
Salaries and wages are examples of
income
Saudi Arabia is one of the world's leading oil
producers
a person who uses goods/services
consumer
Property this is owned by a person or company that has value.
asset
Chapter 7 is the most common type of ____________ Applies when a court-appointed trustee collects and sells a debtor's non-exempt assets, and the proceeds are distributed to creditors.
bankrupcy
A practice or arrangement by which a company/agency provides a guarantee against loss
insurance
a written or spoken agreement between 2 or more parties
contract
Prioritizing, planning, productivity, patience and persistence are the P's of
time management
A mandatory fee or payment that people and businesses give to the government that allows for services.
taxes
the cost of borrowing money, expressed as a percentage of principal
interest
A company or group of people authorized to act as a single entity and is recognized as a business.
corporation
a non-profit organization that works to increase trust in the market place
a document that summarizes your professional and educational expereinces
resume
an estimate of income and expenses for a set period of time
budget
The career that spans management of money.
finance
____________ is illegal because businesses are not allowed to exclusively possess or control suppply or trade of a good or service.
A practice of using tactics like over charging fee or high interest rates to people for borrowing money is know as ___________________ which is illegal.
predatory lending
someone who organizes and operates a business usually taking on greater that normal financial risks
entrepreneaur
financial obligation undertaken by a borrower that must be repaid to the lender
debt
The bank's unexpected closure carused serious ________________ problems for their clients.
liquidity
The period of economic decline that last longer than a few months and affects the entire economy.
recession