BMF Vocab - Unit 6 Establishing a Financial Foundation

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Across
  1. 3. something valuable that the business promises to give the bank if they can’t repay the loan
  2. 5. money a business needs to start, operate, and grow
  3. 7. (3 words)the minimum return a business must generate to satisfy its investors and lenders
  4. 10. (2 words)professional investment firms that gather money from different sources to invest on behalf of many people
  5. 12. (2 words) a number that represents your creditworthiness
  6. 14. (2 words)it shows a company's revenue, expenses, and net income over a period of time
  7. 16. (2 words)it shows a company’s assets, liabilities, and owners’ equity at a specific point in time
  8. 17. the cost of borrowing money or the return on invested or saved money
  9. 18. when the prices of goods and services increase over time,reducing purchasing power
  10. 19. a piece of ownership in a company
  11. 20. raising money from many individual through platforms like Kickstarter and Indiegogo
Down
  1. 1. (2 words)wealthy individuals who invest their own money into startups
  2. 2. a mix of different investments to reduce overall risk
  3. 3. (2 words)carefully evaluating whether an investment is worth the cost before spending money on it
  4. 4. (2 words)matching up accounting records with transactions on its bank statement
  5. 6. acronym for a tax-advantaged account for saving for retirement
  6. 8. (2 words) a financial statement showing the inflows and outflows of cash during a specific period
  7. 9. (2 words)the total amount of money you earn before taxes
  8. 11. (4 words) this principle holds that money available now is worth more than the same amount in the future
  9. 13. money provided by government agencies, nonprofits, or corporations that businesses don’t need to pay back
  10. 15. (2 words)the amount remaining in your paycheck after taxes are taken out