Across
- 4. is an Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment.
- 5. Assets that are not already pledged as a guarantee to repay another loan
- 6. An investment security that includes many different stocks purchased and held together.
- 8. The 12 month period a company uses to report financial results.
- 9. Debt owed to someone that is paid in monthly payments.
- 11. Money owed by a company to a supplier.
- 12. The date a loan (or debt or liability) is repaid in full.
- 14. Debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.
- 15. is property and the building(s) on it.
- 19. Revenues minus costs.
- 20. A payment that is owed every month.
- 23. An option a supplier might grant a company to pay their bills later than they normally would.
- 24. Something of value.
- 25. Repaying the loan.
- 26. Shares of ownership in a company.
- 27. A person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan.
- 29. A loan that provides the borrower a maximum amount of money he/she can borrower
- 34. Total Revenues minus Total Cost minus one-time expenditures (called “capital expenditures”) on equipment you will use for many years.
- 36. An obligation you have to pay someone else money. Also called a debt or a loan.
- 39. A legal agreement that an assets is part of a guarantee to a lender, when the lender can take possession of the assets and sell it to recover the funds owed by a borrower in the event the borrower is unable to make a required debt payment.
- 40. The amount an insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
- 42. Debt from a bank. Banks require much more information from potential borrowers, and take more time to make a lending decision based on a great deal of analysis.
- 43. refer to the “things” the company sells.
- 47. A company that provides individuals and companies with access to financial markets.
- 48. Money earned when something is sold.
- 50. means three months.
- 54. The exact customers and market sector the business intends to serve.
- 55. The amount that an insurance company makes a policyholder pay as part of any claim.
- 56. Failure to repay a loan.
- 58. Money paid by a company to a person who owns stock in that company.
- 60. Units times price.
- 61. A loss that an insurance company will reimburse a policyholder for in the event of a claim.
- 64. Costs that make up one unit of what you sell. These can be labor costs as well as material costs.
- 66. Unit price minus cost of goods sold.
- 68. An individual or company that owns shares in a company.
- 69. Instruments Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.
- 72. means revenues after costs.
- 73. The percentage of a loan a bank or online credit company charges when a small business receives a loan.
- 74. Other types of debt (or money you owe someone else) other than a mortgage:
- 75. The amount a policyholder (either every quarter or year) pays for an insurance policy.
- 76. All people or companies associated with an enterprise.
- 77. A credit-worthy individual or business with sufficient liquidity who guarantees to repay a loan in the event that the debtholder can’t make required payment.
- 78. A special account where individuals can deposit retirement funds that can grow tax-deferred until they withdraw them after they retire.
- 79. Ratios a lending company calculates about an individual or a company to determine how likely they are to have the liquidity to repay debt payments that are required in a loan.
Down
- 1. Unit price minus cost of goods sold.
- 2. The individual or business that purchases an insurance policy for various types of protection (examples: fire insurance, life insurance, etc.)
- 3. A legal decision requiring a person or company to pay another person or company.
- 7. Distinguishing a product or service "different than anything else," attracting customers, generating sales and serving as the foundation for a thriving business.
- 10. Individuals who make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.
- 13. Money owed by a customer to a company.
- 16. Funds lent to a business with an agreement that the business will repay the lender with interest.
- 17. A determination of how many units are needed to sell in order to pay for all fixed costs.
- 18. Companies that conduct business with a company, and that can document how well a company pays its bills to its suppliers.
- 21. How a business moves a specific customer to buy their service or offering.
- 22. Funds contributed by investors to a business.
- 28. An investment worth money; a “financial instrument” indicating ownership.
- 30. Expenditures on equipment the business will use for many years.
- 31. The amount of money borrowed.
- 32. Debt obtained from a number of online companies. Borrowers need to disclose much less information about themselves to obtain online credit, and online credit companies make credit decisions much more quickly than banks. For these reasons, online credit is much more expensive for borrowers than bank loans.
- 33. Owning an asset without any associated debt.
- 35. A company that provides a good or service to another company.
- 37. A Latin phrase (“for the sake of form”) that in business means a projection of future financial performance. It usually takes the form of a projection of future revenues and costs.
- 38. The right to take possession of collateral until a debt is repaid.
- 41. Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.
- 44. The hard work a small business owner puts into forming, founding and operating his/her business – small business owners typically work very long hours.
- 45. Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding.
- 46. One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.
- 49. Costs that a business incurs that are not part of producing the goods or services its sells, but which are required to operate legally and efficiently.
- 51. Debt that includes a legal obligation by the borrower to repay the debt personally if the business is unable to make its scheduled debt payment.
- 52. Funds contributed by investors to a business.
- 53. Costs that vary somewhat based on the number of units you sell.
- 57. Fixed costs plus variable costs.
- 59. A loan. A security that investors buy and sell, that represents a legal obligation from the company issuing the bond that they will repay the funds they received when they issued.
- 62. The act of making a business different (and presumably more attractive to target customers) than any competitor.
- 63. The money a person borrows to buy real estate.
- 65. Costs that do not vary based on the units sold by enterprise.
- 67. Costs that vary based on the units sold by your enterprise.
- 70. The merchandise that a company sells to its customers.
- 71. An investment vehicle.
- 73. When a company issues a check or makes a financial commitment for an amount greater than the amount the company has deposited in the bank. Also called "a bounced check."