Business Terminology

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Acquisition Costs

Back

Cost incurred by a business.

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Angel Investor

Back

An investor who provides funding to a business for a stake in the business in return.

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Asset

Back

A tangible item a business owns.

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B2B

Back

A business-to-business (B2B) commercial transaction between businesses.

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B2C

Back

A business-to-consumer (B2C) transaction.

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Balance Sheet

Back

A document that compares assets to liabilities plus owner's equity.

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Bootstrapping

Back

A business owner that uses their own money to fund their business.

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Brand Recognition

Back

The level of familiarity one has with a brand.

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Break-Even Point

Back

The point where a business's revenue matches its expenses over a given period.

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Budget

Back

The amount of money a business plans on spending during a given period.