Across
- 2. An option a supplier might grant a company to pay their bills later than they normally would.
- 8. Debt owed to someone that is paid in monthly payments.
- 12. Most projections are for a year (or “annual” projections); means three months.
- 15. A loan; A bond is 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 the bond.
- 17. Shares of ownership in a company; is a general term of ownership in any company. Supplier A company that provides a good or service to another company.
- 19. Money earned when something is sold.
- 21. 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.
- 26. Revenues minus costs.
- 28. Money paid by a company to a person who owns stock in that company.
- 29. 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.
- 30. Companies that conduct business with a company, and that can document how well a company pays its bills to its suppliers.
- 31. The amount a policyholder (either every quarter or year) pays for an insurance policy. .
- 33. The 12 month period a company uses to report financial results. A fiscal year can be the same as a calendar year (January through December), any other 12 month period that makes sense.
- 36. Units refer to the “things” the company sells.
- 41. A special account where individuals can deposit retirement funds that can grow tax-deferred until they withdraw them after they retire.
- 43. The amount an insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
- 45. Total Revenues minus Total Cost minus one-time expenditures (called “capital expenditures”) on equipment you will use for many years.
- 48. The amount that an insurance company makes a policyholder pay as part of any claim.
- 50. The right to take possession of collateral until a debt is repaid.
- 51. Failure to repay a loan.
- 54. The date a loan (or debt or liability) is repaid in full
- 56. Funds lent to a business with an agreement that the business will repay the lender with interest.
- 58. is an Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment. investors are typically “fans” of the owner, but they do expect a return on investment.
- 59. Offering Distinguishing a product or service "different than anything else," attracting customers, generating sales and serving as the foundation for a thriving business.
- 64. 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.
- 67. How a business moves a specific customer to buy their service or offering.
- 68. The merchandise that a company sells to its customers.
- 69. Costs that vary somewhat based on the number of units you sell.
- 70. A company that provides individuals and companies with access to financial markets. CapitalorEquity Funds contributed by investors to a business.
- 71. 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.
- 72. is property and the building(s) on it. It can be a piece of land, or it can be a home on that piece of land, or it can be a building.
- 73. The act of making a business different (and presumably more attractive to target customers) than any competitor.
- 74. 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.
- 75. The hard work a small business owner puts into forming, founding and operating his/her business – small business owners typically work very long hours. It is as important as any capital but it’s not a cash investment.
Down
- 1. 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.
- 3. An investment worth money; a “financial instrument” indicating ownership.
- 4. Costs that vary based on the units sold by your enterprise.
- 5. Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.
- 6. Expenditures on equipment the business will use for many years.
- 7. Something of value.
- 9. “Net” means revenues after costs.
- 10. The percentage of a loan a bank or online credit company charges when a small business receives a loan.
- 11. Unit price minus cost of goods sold.
- 13. Money owed by a company to a supplier.
- 14. A payment that is owed every month.
- 16. 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.
- 18. Costs that make up one unit of what you sell. These can be labor costs as well as material costs.
- 20. Repaying the loan.
- 22. Unit price minus cost of goods sold.
- 23. A legal decision requiring a person or company to pay another person or company. LineofCredit A loan that provides the borrower a maximum amount of money he/she can borrower - the borrower can then access or use that line of credit for only as much money as they need at any particular time.
- 24. An investment vehicle. Different types include stocks, bonds and mutual funds.
- 25. Units times price.
- 27. Fixed costs plus variable costs.
- 32. Assets that are not already pledged as a guarantee to repay another loan
- 34. Funds contributed by investors to a business. Investors contribute capital to a business because they expect a significant return on their investment when the business succeeds.
- 35. The amount of money borrowed.
- 37. Other types of debt (or money you owe someone else) other than a mortgage
- 38. An obligation you have to pay someone else money; Also called a debt or a loan.
- 39. An investment security that includes many different stocks purchased and held together.
- 40. A Latin phrase (“for the sake of form”) that in business means a projection of future financial performance.
- 42. The money a person borrows to buy real estate.
- 44. Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.
- 46. The individual or business that purchases an insurance policy for various types of protection (examples: fire insurance, life insurance, etc.)
- 47. A determination of how many units are needed to sell in order to pay for all fixed costs.
- 49. A loss that an insurance company will reimburse a policyholder for in the event of a claim.
- 52. Money owed by a customer to a company.
- 53. Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding.
- 55. 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.
- 57. Debt from a bank.
- 60. An individual or company that owns shares in a company.
- 61. Costs that do not vary based on the units sold by enterprise.
- 62. All people or companies associated with an enterprise.
- 63. 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."
- 65. The exact customers and market sector the business intends to serve.
- 66. Debt obtained from a number of online companies.