Micro Enterprise Regional Exam Vocabulary (E, F, G, and I Words)

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Across
  1. 2. Understanding how individuals and businesses earn money and what they spend money on.
  2. 5. A special account where individuals can deposit retirement funds that can grow tax-deferred until they withdraw them after they retire.
  3. 6. The computer portal offered by the Louisiana Secretary of State that enables entrepreneurs to go to a single source to learn which forms they need to file
  4. 9. Non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize.
  5. 11. Funds contributed by investors to a business.
  6. 13. The merchandise that a company sells to its customers.
  7. 15. Debt you owe someone that is paid in monthly payments.
  8. 16. Treating stakeholders as the entrepreneur would hope others would treat him/her
  9. 18. A clear, concise and compelling way to describe a business or new business concept in 30 seconds; a differentiating vision to encourage potential investors or employees to learn more.
  10. 19. An individual’s self-commitment to overcome obstacles to achieve long-term goals.
Down
  1. 1. The 12 month period a company uses to report financial results.
  2. 3. A credit-worthy individual or business with sufficient liquidity that promises to repay a loan in the event that the debtholder can't make a required payment.
  3. 4. The amount an insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
  4. 7. The individual or business that purchases an insurance policy for various types of protection
  5. 8. Costs that do not vary based on the units sold by your enterprise.
  6. 10. A question that prompts more than a "Yes" or "No" question.
  7. 12. The federal agency that collects federal taxes.
  8. 14. The decision point at which an entrepreneur makes the final decision on whether or not to launch a new enterprise or abort the effort due to unfavorable market research or pro forma projections.
  9. 17. The amount a policyholder pay (either every quarter or year) pays for an insurance policy.