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