Financial /Credit Apps Vocab 1

Money owed by a company to a supplier. Example: "I purchased $20,000 of beauty supplies for my big sidewalk sale. My supplier gave me 60 days to pay for this huge order.

• Account Payable

• Account Receivable

• Bank Loan

• Bond

Money owed by a customer to a company. Example: "I sold the new computer system to my client for $20,000. They made an initial payment of $1,000 and now owe me $19,000, which they've promised to pay in 30 days

• Account Payable

• Account Receivable

• Bank Loan

• Bond

Debt owed to a bank.

• Account Payable

• Account Receivable

• Bank Loan

• Bond

is security that investors buy and sell, that represents a legal obligation from the company issuing the instrument that they will repay the funds they received when they issued it.

• Account Payable

• Account Receivable

• Bank Loan

• Bond

Individuals who make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.

• Angel Investor

• Bank

• Bond

A determination of how many units are needed to sell in order to pay for all fixed costs.

• break even

• contribution margin

• profit margin

• Sales

A company that provides individuals and companies with access to financial markets.

• Brokerage

• Capital (or Equity)

• Capital Expenditures

• Angel Investor

Funds contributed by investors to a business.

• Credit

• Capital

• Investment

• Debit

1. Expenditures on equipment the business will use for many years.

• Cost of Goods Sold

• Long Term Debt

• Short Term Debt

• Capital Expenditures

Total Revenues minus Total Cost minus one-time expenditures on equipment you will use for many years

• Break Even Point

• Profit Margin

• Capital

• Cash Flow