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Foundations of Business Ch. 16 Vocabulary

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Term
Definition
budget   show
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capital budget   show
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show a financial statement that estimates cash receipts and cash expenditures over a specified period  
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cash flow   show
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show real estate or property pledged as security for a loan  
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show a short-term promissory note issued by a large corporation  
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common stock   show
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equity capital   show
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show a firm that specializes in buying other firms’ accounts receivable  
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show all of the activities concerned with obtaining money and using it effectively  
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show a plan for obtaining and using the money needed to implement an organization’s goals  
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initial public offering (IPO)   show
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investment banking firm   show
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long-term financing   show
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preferred stock   show
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show a written pledge by a borrower to pay a certain sum of money to a creditor at a specified future date  
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show the portion of a corporation’s profits not distributed to stockholders  
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show a marketplace where member brokers meet to buy and sell securities  
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show money that will be used for one year or less  
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show a type of short-term financing extended by a seller who does not require immediate payment after delivery of merchandise  
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show financing that is not backed by collateral  
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Created by: BreAnna Hegeman
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