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3.01 EC-071

TermDefinition
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 interest rate for a particular period of time
Business An organized effort to produce and/or distribute goods and service's
Credit The arrangement by which businesses and individuals can purchase now 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 shareholders) equity, book value, and net worth
Executives Top-level employees
Expenses The money that a business spends
Financial analysis The process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources
Created by: cristopher.g677
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