I don't know this
Money owed by a company to a supplier
Account Payable
A company that provides access to financial markets
Brokerage
Assets not pledged as a guarantee to repay another loan
Unencumbered
Retirement
Individual Retirement Account
A 30 second, simple concept told to investors
Elevator pitch
A credit-worthy individual/business that promises to pay the loan for another debtholder can't pay
People that make small investments in a company who don't expect an immediate or large return
Angel Investors
Extended Payment Terms
Unit Price - Good Cost
Contribuiton Margin
A lot of people put small amounts of money to make a lot of money in total
Crowdfunding
The individual owners are taxed on the company profits but the corporation is liable for debts
Limited Liability Corporation
Advertising a product as different
differentiated offering
Debt for something that's not a mortgage
Notes Payable
Costs somewhat change
Semi-Variable Costs
Fail to pay loan
Default
Right to take collateral until debt is paid
Lien
Government agency that helps people and companies file legal forms
Louisiana Secretary of State
Money paid by a company to someone who owns company stock
dividend
Objects listed to be taken by the bank if you're unable to pay
Collateral
When an entrepreneur says yes to something
Go / No Go
Cash, publicly traded stocks, government bonds, or corporate bonds can be quickly turned into cash.
Cash Instruments
Money owed by a customer to a company
Debt owned paid monthly
Installment Payment
costs of equipment that the business will use for many years
Capital Expenditures
Promise to keep something private
Confidentiality