Finance Vocabulary
This is an indicator of how quickly an asset can be turned into cash for full market value
What is Liquidity?
The term for using your own money to finance the start-up and growth of your small business
What is Bootstrapping?
The last remaining female monarch, who has passed away as of September 8, 2022 at age 96
Who is Queen Elizabeth?
A measure of the total greenhouse gas emissions produced by an individual, group, or company.
What is Carbon footprint?
This is a creditor’s legal claim to the collateral pledged as security for a loan
What is a lien?
This is any asset that you pledge as security for a loan instrument
What is a collateral?
This corporation's CFO has recently jumped off a building, hoping to cover for his inefficiencies in leading this large home goods brand
What is Bed, Bath and Beyond?
Portfolios that explicitly apply environmental, social, and governance criteria in the decision-making process when selecting investments
What is an ESG Fund?
The original amount that is borrowed or the outstanding balance to be repaid less interest. It is used to calculate the total interest and fees charged
What is Principal?
This is legal documentation of the business’s creation, including name, type of business, and type of business structure
What is articles of Incorporation?
This president is the first of its kind to offer a "forgiveness" of student loans in North America
Who is U.S president Joe Biden?
The act of dissociating or selling assets and securities due to behavior not aligned with ESG values, or as a way to display strong commitment to ESG and responsible investing practices.
What is Divestment?
These types of loans represent a higher risk for the lender, which means they have higher interest rates and have shorter repayment time frames
What is Unsecured Loans?
This is a manifesto for demonstrating how you want to establish your business and how you plan to grow it into good financial health
What is a business plan?
This billionaire and founder, who is the owner of a viral photo of himself half naked on a yacht, may be forced into buying Twitter
Who is Elon Musk?
A systematic approach to economic development with the goal of eliminating waste by focusing on a regenerative design and attempting to promote growth while reducing consumption of finite resources
What is Circular economy?
This is an important number for lenders who need to know if the value of the asset will cover the loan repayment if your business defaults and fails to pay
What is Loan-to-Value?
This federal law is used as a tool for businesses or individuals who are having severe financial challenges. It provides a plan for reduction and repayment of debts over time or an opportunity to completely eliminate the majority of the outstanding debts
What is Bankruptcy?
One of the few poster-child companies of the Crypto-currency meltdown, where they are holding on to their users' cryptocurrency as the company has been insolvent since 2021
What is Celsius Networks?
This is a worldwide green building certification program. It is applicable to all building types and phases.
What is LEED? (Leadership in Energy and Environmental Design)