Finance Terminology

3. interest rate When the interest rate of a loan changes with market conditions over the duration of the loan.
7. The process of offsetting assets such as goodwill and intellectual property over a period of time.
8. Securities & Exchange Commission
13. the process of offsetting an asset over a period of time.
14. Fixed costs associated with operating a business. For example, rent, marketing, utilities and administrative costs.
16. finance Money provided to a business in exchange for part ownership of the business. This can be money invested by the business owners, friends, family, or investors like business angels and venture capitalists.
17. liability Liability where payment is made only if a particular event or circumstance occurs.
19. The difference between the selling price of a good or service and the profit on the sale, generally shown the proportion of profit for each sales dollar.
20. When a private company offers shares to the public for the first time.

1. How much of the original amount is still owing on a loan (excluding the interest portion).
2. income The total money earned by a business before you deduct expenses.
4. When a bank or other lender takes ownership of property or assets to pay off a loan in default.
5. any financial expense or amount owed.
6. A document you give to a customer to request payment for a good or service.
9. duty An indirect tax levied on certain types of goods produced or manufactured in Australia, including petrol, alcohol, tobacco and coal.
10. capital An investment in a start-up business that doesn't have access to capital markets because it is a private company.
11. payment A final lump sum payment due on a loan agreement. Loans with larger one have lower regular repayments over the term of the loan.
12. capital The cash available to a business for day-to-day expenses.
15. Taxes levied on imports of goods.
18. income The total money earned by a business after tax and other deductions.