Corporate finance - the area dealing with monetary decisions that corporations make, Managerial finance - the area dealing with monetary decisions that all other types of businesses make (not corporations), Personal finance - individuals taking care of their own money and budget, Dividends - a small payment to each person who own stock in a company, Liability - an obligation, debt, or responsibility owed to someone, Allocate - to distribute according to a plan , Capacity - the ability of the borrower to repay the loan, Capital - the money the entrepreneur has personally invested in the business., Collateral - an asset pledged to the lender as the security for the money that is borrowed, Conditions - Intended purpose of the load, Character - the general impression the entrepreneur makes on a potental lender as their trustworthiness to repay the loan., Interest - the cost of borrowing money, Principal - the amount of the loan, Interest rate - the rate which is charged or paid for the use of money , Assets - the resources which it expects to gain some future benefit, Liabilities - Debts owed, Net worth - How much a person or entity is worht, Profit - a financial gain, Cash Flow - that amount of money that flows in and out of a business., Sales - the quantity or amount sold,

Personal/Business Finance

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