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301
EC-071
| Term | Definition |
|---|---|
| Angel investor | Someone who provides startup money for a new business |
| Asset | Anything of value that a business or individual owns |
| Bond | A piece of paper (whether real or virtual) that say a governing body or corporation that borrows an investors money at a particular interest 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 and 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 share holders') 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 |
| Financial records | Documents containing information related to the amount of money going into and out of business |
| Financing | Funding a business activity or project through debt, equity, or venture capital |
| For-profit business | A business whose overall purpose is to earn a profit |
| Goal | An objective |
| Human resources | People who work to produce goods and services |
| Human resources management | The process of planning, staffing, leading, and organizing the employees of the business |
| Income |
Created by:
Victor_R
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