Intro to Business Review

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Across
  1. 3. The type of account that is used for daily purchases such as groceries
  2. 7. A long term loan made to the government or a large business, where interest is paid to the lender
  3. 8. A pool of money from investors used to buy and sell securities and stocks
  4. 9. An outflow of money to pay for an item or service
  5. 11. Something desired but not necessary for survival, such as Nike running shoes
  6. 13. The type of business ownership where there is only one owner
  7. 17. A person who starts their own business and works for themselves
  8. 18. The cost of borrowing money
  9. 19. Something necessary for survival, such as water
  10. 21. A person or company that makes an investment with the goal of making a profit
  11. 22. A type of business that sells intangible goods, such as a haircut
  12. 23. Something you put your money into with the expectation of profit
Down
  1. 1. This type of account accumulates interest
  2. 2. Refers to the ease of conversion to cash of an investment or asset
  3. 4. A retailer, that sells manufactured goods to the final consumer
  4. 5. An organization that produces or sells goods or services to satisfy the needs, wants or demands of consumers for the purpose of making a profit
  5. 6. The type of business ownership where the owners are financially protected and separate from the business
  6. 8. The type of business that produces a tangible good
  7. 10. A special type of account or investment that is used to save for retirement
  8. 12. Any item of personal interest that can increase in value over time, for example, hockey cards
  9. 14. A plan for how income will be spent
  10. 15. The type of business ownership that is shared among multiple owners
  11. 16. Land and anything attached to it
  12. 20. An investment that must be held for a certain term, that pays guaranteed interest on maturity