Entrepreneurship Terminology #3

Front

__________ is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake (ownership)

Back

venture capitalist

Front

debt can be best defined as:

Back

anything that you owe

Front

Money is withdrawn directly from a checking or savings account.

Back

Debit Card

Front

Consumers can purchase items now and pay for them later.

Back

Credit Card

Front

Often higher savings rates and lower fees

Back

Credit Union

Front

A _________ is not for profit and is financial cooperative

Back

credit union

Front

A person has a lot of .... if he owes money to a lot of people.

Back

debts

Front

A ______ is a NON-REPAYABLE funds or products disbursed or given by one party

Back

grant

Front

the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Back

crowdfunding

Front

What does the acronym ESOP stand for?

Back

Employee Stock Ownership Plan