Money owed by a company to a supplier
Account Payable
Something of vaule
Assets
A loan
Bond
Expenditures on equipment the business will use for many years
Capital Expendutures
Unit price minus the cost of goods sold
Contribution Margin
Money owed by a customer to a company
Account Receivable
Equipment, inventory, or other goods that are pledged to the bank in the case the company can not make a loan payment
Collateral
Funds are lent to a business with an agreement that the business will repay the lender with an interest
Credit (or Debt)
A corportion is a person in the eyes of the law
Corporation
Total Revenues minus Total Cost one-time expenditures
Cash Flow
Individuals that make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on intestment
Angle Investors
The merchandise that a company sells to customers
Inventory
Real estate is the property and the building(s) on it
Real Estate
A company that provides individuals and companies with access to financial markets
Brokerage
The money a person borrows to buy real estate
Mortgage
The act of making a business different than any competitor
Differentiation
Most projections are for a year (or "annual" projections)
Quarter
All people or companies associated with an enterprise
Stakeholders
A complete package that supports a "Go" decision by an entrepreneur to launch a new business
Launch Plan
Units refer to the "things" the company sells
Units
Costs that do not vart based on the units sold by the enterprise
Fixed Costs
Another type of debt other than a mortgage
Notes payable
Cash or securities that can be immediately turned into cash which can then repay any loan amount outstanding
Liquid Assests
An investment securty that includes many different stocks purchased and held together
Mutual Fund
One of the equal parts into which a company's capital is divided, entitles the holder to a proportion if the profits.
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