Bizcross-level 3

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Across
  1. 3. Legally enforceable agreement between two or more parties
  2. 7. Degree of variation or fluctuation in the price of a financial asset
  3. 9. Gradual reduction of a loan or intangible asset value over a period of time
  4. 10. Institution that holds and safeguards securities on behalf of investors
  5. 11. Level of sales where total revenue equals total cost resulting in no profit or loss
  6. 12. Market structure where a single seller controls the entire supply of a product
  7. 13. Financial statement showing a company's profit or loss during a specific period
  8. 15. Possible liability that arises depending on the outcome of a future event
  9. 17. Long-term debt instrument issued by a company to borrow money from the public
  10. 18. Written legal promise by one party to pay a certain sum to another
Down
  1. 1. Earnings before interest and taxes used to measure operating profitability
  2. 2. Intangible asset representing reputation and customer loyalty of a firm
  3. 4. Financial condition in which a person or firm cannot pay its debts when due
  4. 5. Japanese management philosophy of continuous improvement in business processes
  5. 6. Companies whose shares are officially traded on a stock exchange
  6. 8. First public issue of shares by a private company to raise capital from investors
  7. 11. Stock market traders who expect prices to rise and buy securities
  8. 14. Investors who take high risks expecting large profits from price changes
  9. 16. Buying and selling the same asset in different markets to profit from price differences
  10. 19. Measure of profitability calculated as return earned on an investment