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Financial Concepts Vocabulary Part 2

Across
All people or companies associated with an enterprise
A company that provides a good or service to another company
A payment you owe every month
property and the building(s) on it
An investment security that includes many different stocks purchased and held together. Investors purchase mutual funds because they are less risky than holding any individual stock
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
Unit price minus cost of goods sold
Shares of ownership in a company
A Latin phrase (“for the sake of form”) that in business means a projection of future financial performance
The hard work a small business owner puts into forming, founding and operating his/her business
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
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
Down
The amount of money borrowed
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
Debt obtained from a number of online companies
Revenues minus costs
the “things” your company sells
The percentage of a loan a bank or online credit company charges when a small business receives a loan
How a business moves a specific customer to buy their service or offering
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
Costs that vary based on the units sold by your enterprise
Projections made every 3 months
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