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Finance & Marketing
| Term | Definition |
|---|---|
| Corporate Finance | The area dealing with monetary decisions that corporate enterprises make |
| Managerial Finance | The area dealing with monetary decisions that all types of companies make, except corporations |
| Dividends | A small payment to each person who owns a stock of a company |
| Liability | An obligation, debt, or responsibility owed to someone |
| Allocate | A distribution according to a plan |
| Principal | The amount of the loan |
| Capacity | The ability of the borrower to repay the loan |
| Capital | The money the entrepreneur has personally invested in the business |
| Personal Finance | Individual taking care of their money |
| Collateral | An asset pledged to the lender as a security for the money bring borrowed |
| Conditions | Intended purpose of the loan |
| Interest Rate | A rate which is charged or paid for the use of money |
| Character | General impression the entrepreneur makes on the potential lender as to their trustworthiness to repay the loan |
| Net Worth | How much an entity is worth |
| Liabilities | Debt owed |
| Profit | A financial gain |
| Assets | The resources from which it expects to gain some future benefit |
| Interest | The cost of borrowing money |
| Cash Flow | Amount of money being transferred into and out of a business |
| Sales | A quantity of amount sold |