POB - QUIZ Key Financial Concepts Set 1

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

• Assets

• Breakeven Analysis

• Bank Loan

• Cash Instruments

Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.

• Commissions

• Assets

• Cash Instruments

• Credit-Worthy

One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.

• Commissions

• Notes Payable

• Shareholder

• Share

Assets that are not already pledged as a guarantee to repay another loan.

• Brokerage

• Bond

• Unencumbered

• Mortgage

The right to take possession of collateral until a debt is repaid.

• Lien

• Liability

• Liquid Assets

• Net Income

The money a person borrows to buy real estate.

• Lien

• Liability

• Mortgage

• Share

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.

• Securities

• Shareholder

• Angel Investors

• Commissions

Other types of debt (or money you owe someone else) other than a mortgage.

• Notes Payable

• Securities

• Maturity

• Share

A person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan.

• Liability

• Credit-Worthy

• Brokerage

• Bank Loan

Something of value.

• Cash Instruments

• Commissions

• Collateral

• Assets