Vocabulary
Vocabulary
Vocabulary
Vocabulary
Vocabulary
100
Something of Value
What are Assets
100
Cash or securities that can immediately be turned into cash
What are Liquid Assets
100
Investors who make small investments in an enterprise with no expectation for a return.
What are Angel Investors
100
Funding part or all of a business through online investors.
What is Crowdfunding
100
A person who promises to pay a debt if a company cannot
What is a Guarantor
200
Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.
What is Collateral
200
The money a person borrows to buy real estate
What is Mortgage
200
Debt from a bank
What is a Bank Loan
200
The amount that an insurance provider makes a policyholder pay as part of a claim.
What is a Deductible
200
Costs that business have to make to make a business run
What is Overhead
300
Money you are paid when you sell something
What are Commissions
300
Revenue after costs
What is Net Income
300
A determination of how many units you have to sell in order to pay for fixed costs
What is a Breakeven Analysis
300
A business that different from anything else
What is Differentiated Offering
300
A company that provides a good or service to another company
What is a Supplier
400
A person or business with a good credit score
What is Credit Worthy
400
An individual who holds shares in a company
What is a Shareholder
400
Funds contributed by investors to a business
What is Capital
400
A 12 month period that a company uses to report financial reports
What is a Fiscal Year
400
The hard work that an owner puts into a business
What is Sweat Equity
500
Money paid by a company to a person that owns stock in that company
What are Dividends
500
Money owed by a company to a supplier
What is Account Payable
500
Unit price minus cost of goods sold
What is Contribution Margin
500
Bills and debts that do not change from month-to-month
What are Fixed Costs
500
Revenues minus costs
What is Profit
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