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BizWorld Vocab #2

BizWorld Vocabulary #2:

TermDefinition
finances the management of money and other items of value. Located at the center of the Entrepreneurial Cycle
company ledger a tool used by businesses for keeping track of deposits, withdrawals, and balances
incorporate the process of forming a company that is officially recognized by the state government
deposit money put into an account
withdrawal money taken out of an account
balance the amount of money in an account after the deposits and withdrawals are entered
reconcile check for accuracy
ethics money borrowed that is repaid with interest
contract a written agreement
capital money and/or resources used to make more money
venture capitalist a person who invests money into new and innovative businesses
stock pieces of ownership in a company
negotiate bargain and come to an agreement with another person
pitch presentation made to convince someone to invest money in a company
interest a fee paid for borrowing money
Created by: jkdmarmion
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