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BE 301
Business Essential
| Term | Definition |
|---|---|
| angel investor | someone who provides startup money to a new busisness |
| asset | anything of value that a buisness or individual owns |
| bond | a piece of paper that says a governing body or corporation will borrow an investors money at a particular intrest rate for a particuler per |
| buisness | an organized effort to produce and or distribute goods and services |
| credit | the arrangement by which buisnesses and individuals can purchase now and pay later |
| credit rating | the score assingined to a borrower based on previous loans |
| database | a virtual storage unit for information |
| debt | money buisnesses or individuals owe to others |
| equity | assets minus liabillities also known as stockholders |
| executives | top level employees |
| expenses | the money a buisness spends |
| financial analysis | the process of planning ,maintaining,monitoring,controlling and reporting the use of financial analysis |
| financial records | documents containing info related to tge amonunt of money going in and out of a buisness |
| fi |