BMAS Concept Vocabulary
Across
- 1. An involuntary fee levied on corporations or individuals that is enforced by a level of government in order to finance government activities.
- 2. Anything over which a person or business has legal title
- 5. Real estate or property pledged as security for a loan
- 7. Marketers typically combine several variables to define a demographic profile.
- 8. economic costs that a business incurs through its operations to earn revenue
- 10. Refers to the process of contracting to a third-party.
- 12. The resources that a business owns
- 13. A firm’s debts and obligations
- 16. The amount you have to pay out-of-pocket for expenses before the insurance company will cover the remaining costs
- 21. Voluntary association of two or more people as co-owners of a business for profit
- 22. A standard against which the performance of a security, mutual fund or investment manager can be measured.
- 24. Dollar amount earned by a firm from selling goods, providing services, or performing business activities
- 25. Shares of ownership in a corporation
- 26. Etiquette practiced or advocated in electronic communication over a computer network.
Down
- 1. For mutual funds, a measure of trading activity during the previous year, expressed as a percentage of the average total assets of the fund.
- 3. The act of stealing small amounts or small articles.
- 4. The science of designing the workplace environment to fit the user.
- 5. An artificial person created by law with most of the legal rights of a real person, including the rights to start and operate a business, to buy or sell property, to borrow money, to sue or be sued, and to enter into binding contracts
- 6. An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in your bank account.
- 7. The process of apportioning the cost of a fixed asset over the period during which it will be used.
- 9. A deduction of money from an employee’s wages or salary by an employer.
- 11. Any item or expenditure subtracted from gross income to reduce the amount of income subject to tax.
- 14. A type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet.
- 15. A deviation from the basis grade or location allowable when delivering commodities under the terms of a futures contract.
- 17. An individual whom a taxpayer can claim for credits and/or exemptions.
- 18. The amount of products/services that an organization can produce in a given time
- 19. Financial assets or the financial value of assets, such as cash.
- 20. The interim holding period from the time of the closing of a loan to its subsequent marketing to capital market investors.
- 23. A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest.