Intro to Management; Chapter 16 Vocab.

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Across
  1. 5. The dollar value shown on a share of stock.
  2. 7. The authorization to borrow up to certain amount for specified period of time.
  3. 11. Medium or long term financing used for operating funds or the purchase or upgrade of fixed assets.
  4. 13. Stock that gives holder’s first claim on corporate dividends.
  5. 14. Something of value pledged as assurance to fill debts.
  6. 15. Capital borrowed for longer than a year.
  7. 16. Written promise to pay the leader a certain sum of money at a particular time or on demand if certain conditions
Down
  1. 1. The price at which stock is actually bought and sold.
  2. 2. A contract that allows the use of an asset for a fee paid on a schedule.
  3. 3. Refers to the money required to start of expand a business.
  4. 4. Ownership; holders gain the right to participate in voting privileges and the right to share any profits through dividends.
  5. 6. A business owners’ personal financial contributions to the business.
  6. 8. Loan that must be paid with interest within a year.
  7. 9. Short-term financing obtained by buying goods and services that do not require immediate payment.
  8. 10. Capital Money that others loan to a business.
  9. 12. Profits that are not taken out of the business, but instead are saved for future use.