Financial Aspects of Business Vocab Crossword

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Across
  1. 2. shows when a company expects cash coming into the business and cash paid out
  2. 6. promise made by the manufacturer concerning the performance or quality of a product or service
  3. 8. the monetary funds invested in a project
  4. 10. Capital money raised from within the company or by selling part of the company interest
  5. 11. a projection of what it will cost for the first year of operation
  6. 13. business organization with a single owner and operator of a business; no partners or shareholders
  7. 17. insurance which covers replacement costs and loss of income
  8. 19. Capital money raised by borrowing money to be repaid later
  9. 21. risks occurring from fluctuations in business conditions such as competition,inflation,recession or government policies
  10. 25. business granted a charter recognizing it as a separate legal entity having its own rights, privileges and liabilities distinct from those of its members
  11. 27. debts expected to be paid off within the year
  12. 29. an agreement to operate a business in the name of an established company
  13. 30. debts not expected to be paid off within the year
  14. 31. partners share in the profits and losses of the business; both are equally liable for company debts
  15. 32. formal proposal providing detailed descriptions of a new business to potential investors and lenders
Down
  1. 1. costs which will not be repeated after a business is operating
  2. 3. partners have an unequal share and liability in the business; they are responsible only for the amount they invested
  3. 4. Insurance insurance which covers the owners or managers of a business; owners of a business are usually required to have life insurance before they qualify for a loan
  4. 5. insurance which will usually cover expenses when businesses, individuals and products are found liable because of injury or other damage
  5. 7. net worth; assets minus liabilities
  6. 9. assets used over a long period to operate the business
  7. 12. risks occurring from natural disasters such as floods, droughts and tornadoes
  8. 14. legal agreement between two or more people to be responsible for a business
  9. 15. summary of your current personal financial condition
  10. 16. a member-only cooperative created by labor unions or groups of employees
  11. 18. process of starting your own business
  12. 20. contract between a business and an insurance company covering a certain business risk
  13. 22. the summary of a business’s assets, liabilities and equity
  14. 23. costs which must be paid throughout the business life
  15. 24. risks occurring because of human errors and the unpredictable nature of employees and the work environment
  16. 26. process of analyzing exposure to risk and determining how to best handle such exposure
  17. 28. assets expected to convert to money within the year