Investments
Individuals that make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate return on investment.
Angel Investor
Something of Value, anything owned, Can be something such as a house or something such as jewelry.
Debt from a bank. Banks require much more information from potential borrowers, and take more time to make a lending decision.
What is a Bank Loan?
Commitment to get something done.
What is Determination?
The amount an Insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
What is Insurance Claim?
A loan; security that investors buy and sell, that represents a legal obligation from the company that they will repay the funds received.
What is a Bond?
Unit price minus costs of goods
Contribution Margin
Equipment, inventory or other goods that are pledged to the bank in the case the company can not make a loan payment.
What is Collateral?
The ability to accurately convey information, both verbal and written.
The individual or business that purchases an insurance policy.
A company that provides individuals and companies with access to financial markets.
What is a Brokerage?
Funds contributed by investors to a business. Investors contribute _____ to a business because they expect a significant return on their investment when the business succeeds.
What is Capital (or Equity)
Credit (or Debt)
The ability to use computers for basic tasks.
What is Computer Literacy?
The amount a policyholder pays for an insurance policy.
Internet phenomenon where strangers learn about a business online and then decide whether or not to make an investment. These people typically expect a return of investment.
What is Crowdfunding?
Costs that make up one unit of what you sell. Can be labor costs as well as material costs.
What is Cost of Goods Sold?
Failure to repay a loan
What is Default?
Understanding how individuals and businesses earn money and what they spend money on; Knowing how to create a budget.
What is Financial Literacy?
The amount an insurance company makes a policyholder pay as part of any claim.
What is a Deductible?
Publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash. Can be turned into cash at values that are predictable and available to all holders.
What are Cash Instruments?
Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding.
What are Liquid Assets
An obligation you have to pay someone else money. Also called a debt or loan.
What is a Liability?
An individual's self-commitment to overcome obstacles to achieve long-term goals. Perseverance, Resilience, Backbone.
A loss that an insurance company will reimburse a policyholder for in the event of a claim.