Business Terms

3. Expenses that change based on the volume of business, like commissions or shipping costs
5. Money owed to a company by its customers for goods or services already provided
9. Debts or obligations that a company owes to other entities
14. Expenses that remain constant regardless of the volume of business, such as rent or salaries
17. The buying and selling of goods and services over the Internet
18. Money a company owes to its suppliers for goods or services received
19. A measure of the profit or benefit received from an investment, often expressed as a percentage
21. Resources a business owns or controls that have economic value and are expected to generate future benefits
22. Something lenders can use to give security against a loan. Often this is a major asset such as a house

1. The costs incurred by a business to generate revenue
2. Money paid regularly by a company to its shareholders
4. The total income generated by a business from its operations
6. A ‘snapshot’ of a company’s assets, liabilities and capital at a particular point in time
7. Money invested into a company or project by its owners
8. The net value of a business, calculated as assets minus liabilities
10. Any individuals or groups who are affected by a company's decisions and actions
11. A person or firm that has lent your business money or to whom you owe money
12. A formal document outlining a company's goals, strategies, and how it plans to achieve them
13. The reduction in the value of assets over time, usually due to wear and tear
15. The financial gain a business makes after deducting all expenses from its revenue
16. A person or firm that owes money to you or your business
18. An official inspection of a company’s, or individual’s, accounts
20. The movement of money into and out of a business