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13 Cards in this Set
- Front
- Back
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line of credit |
an agreement a business makes, usually with a bank, to borrow up to a certain amount of money for ongoing cash needs |
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initial public offering |
a company's first sale of stock to the public |
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common stock |
a claim to a share of the profits of a company after all expenses and taxes are paid |
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preferred stock |
ownership shares issued as nonvoting stock |
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venture capitalists |
investors who make loans to new companies |
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stock market |
a market in which the public is able to buy or sell stock |
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index |
a combination of different numerical data, such as prices, into one measure that is reported over time |
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yield |
the percentage return actually earned over time on a bond investment and is figured by dividing the annual interest in dollars by the price paid |
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balance sheet |
a report of a company's or individual's, assets, liabilities, and net worth on a specified date |
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asset |
anything of monetary value owned by an individual or company |
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liability |
anything of monetary value owed by an individual or company |
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retained earnings |
the amount of money that has been saved over the year for reinvestment, is nearly $18 billion |
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income statement |
a statement of earnings or a profit-and-loss statement |
