Shark Tank Vocabulary Quiz

buying and selling of products or services over electronic systems such as the Internet

• eCommerce

• royalty

• budget

• loan

a sum of money that is expected to be paid back with interest

• investment

• Royalty

• loan

• capital

the marketing goal of acquiring new customers

• expenditure

• purchase order

• repeat purchase

• customer acquisition

the purchase and use of a product on more than one occasion by a particular customer.

• purchase order

• repeat purchase

• initial purchase

• return of purchase

income received for goods and services over some given period of time

• patent

• gross sales

• sales

• selling

a document granting an inventor sole rights to an invention

• invention ownership

• rights to own

• patent

• royalty

Royalty

• an estimate of income and expenditure for a set period of time

• the price the customer will pay for the product

• payment to the holder of a patent or copyright or resource for the right to use their property

• total amount of money being transferred into and out of a business

Budget

• buying and selling of products or services over electronic systems such as the Internet

• the basic structure or features of a system or organization

• a sum of money that is expected to be paid back with interest

• an estimate of income and expenditure for a set period of time

Value

• a quantity of goods held in stock

• estimate the monetary worth of something

• services provided to the public, such as electric, natural gas, communication/telecommunication, cable, sewer and water

• a share or interest in a business, situation, or system

Revenue

• income received for goods and services over some given period of time

• total amount of money being transferred into and out of a business

• a document granting an inventor sole rights to an invention

• amounts earned from a company's sales of products and services to its customers