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301 EC-071
Term | Definition |
---|---|
Angel investor | Someone who provides startup money to a new business |
Asset | Anything of value that a business or individual owns |
Bond | A piece of paper (whether real or virtual ) that says a governing body or corporation will borrow an investor's money at a particular interests rate for a particular period of time |
business | An organized effort to produce and/or distribute goods and services |
Credit | The arrangement by which businesses and individuals can purchase now an pay later |
Credit rating | The score assigned to a borrower based on previous loans |
Database | A virtual storage unit for information |
Debt | Money businesses or individuals owe to others |
Equity | Assets minus liabilities; also known as stockholders' (or shareholder') equity, book value, and net worth |
Executive | Top-level employment |
Expenses | The money that a business spends |
Financial records | Documents containing information related related to the amount of money going into and out of a business |
Financial analysis | The process of planning ,maintaining, monitoring, controlling, controlling, and reporting the used of financial resources |
Financial | Funding a business activity or project through debt, quality, or venture capital |
for-profit business | A business whose overall |