click below
click below
Normal Size Small Size show me how
301 key terms
Business Activities
Term | Definition |
---|---|
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 services |
credit | The arrangement by which businesses or 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 shareholders’) equity, book value, and net worth |
executives | Top-level employees |
expenses | The monies that a business spends; also called expenditures |
financial analysis | The process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources |
financial records | A document containing information related to the overall income and expenses of a business |
financing | A marketing function that determines the need for and availability of financial resources to aid in marketing activities |