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BE 301
Business Essential
| Term | Definition |
|---|---|
| angel investor | someone who provides startup money to a new business |
| asset | anything of value that a business or indivisual owns |
| bond | a piece of paper (whether real or virtual) that says governing a body or corporation will borrow 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 asaigned to a borrower based on previous loans |
| database | a virtual storage unit for information |
| debt | money businesses or indivisuas owe to others |
| equity | assets minus liabilities; also known as stockholders (shareholders) equity book value and net worth |
| executives | Top-level employees |
| expenses | the money that a business spends |
| financial analysis | the process of planning |