Entrepreneurship Mid Term Review 24

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Across
  1. 2. means revenues after costs.
  2. 5. The date a loan (or debt or liability) is repaid in full.
  3. 7. Funds lent to a business with an agreement that the business will repay the lender with interest.
  4. 9. Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.
  5. 12. an Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment.
  6. 13. Money owed by a company to a supplier.
  7. 16. A person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan.
  8. 18. Unit price minus cost of goods sold.
  9. 20. Failure to repay a loan.
  10. 22. Debt from a bank.
  11. 23. The right to take possession of collateral until a debt is repaid.
  12. 24. The money a person borrows to buy real estate.
  13. 26. One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits. Share refers to the ownership certificates of a particular company.
  14. 27. Funds contributed by investors to a business.
  15. 29. Money paid by a company to a person who owns stock in that company.
  16. 30. Individuals who make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.
  17. 32. Distinguishing a product or service "different than anything else," attracting customers, generating sales and serving as the foundation for a thriving business.
  18. 33. Money earned when something is sold.
Down
  1. 1. Other types of debt (or money you owe someone else) other than a mortgage: Securities An investment worth money;
  2. 3. A determination of how many units are needed to sell in order to pay for all fixed costs.
  3. 4. Total Revenues minus Total Cost minus one-time expenditures
  4. 6. An individual or company that owns shares in a company.
  5. 8. The act of making a business different (and presumably more attractive to target customers) than any competitor.
  6. 10. Costs that make up one unit of what you sell.
  7. 11. The amount that an insurance company makes a policyholder pay as part of any claim.
  8. 14. Expenditures on equipment the business will use for many years.
  9. 15. Money owed by a customer to a company.
  10. 17. Assets that are not already pledged as a guarantee to repay another loan
  11. 19. A company that provides individuals and companies with access to financial markets. Capital Funds contributed by investors to a business.
  12. 21. Something of value.
  13. 25. Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.
  14. 28. A loss that an insurance company will reimburse a policyholder for in the event of a claim.
  15. 31. An obligation you have to pay someone else money. Also called a debt or a loan.