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