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| term | Definition |
|---|---|
| 1.Corporate Finance | Is the area dealing with monetary decisions that corporate enterprises make. |
| 2.Managerial Finance | Is the area dealing with monetary decisions that all types of companies make except corporation. |
| 3.Personal Finance | Individual taking care of their money. |
| 4.Dividends | A small payment to each person who owns a stock of a company. |
| 5.Liability | An obligation, debt or responsibility owed to someone. |
| 6.Allocate | To distribute according to a plan. |
| 7.Capacity | The ability of the burrower to repay the loan. |
| 8.Capital | The money the entrepreneur has personally invested in the business. |
| 9.Collateral | An assets pledged to the lender as a security for the money being borrowed. |
| 10.Conditions | Intended purpose of the loan. |
| 11.Character | General impression the entrepreneur makes on the potential lender as their trustworthiness to repay the loan. |
| 12.Inters | The cost of borrowing money. |
| 13.Principal | The amount of the loan. |
| 14.Interest rate | Is a rate which is charged or pain for he use of money. |
| 15. Assets | Is the resource from which is expects to gain some future benefit. |
| 16.Liabilities | Debts owed. |
| 17.Net worth | Is how much an entity is worth. |
| 18. Profit | Is a financial gain. |
| 19.Cash flow | Amount of money being transferred into and out a business. |
| 20.Sales | Is a quantity or amount sold. |