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Entrepreneurship 101 Vocab Flashcards | StudBud
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Entrepreneurship 101 Vocab
Entrepreneurship 101 Vocab
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1
What does EBIT mean ?
earnings before interest and taxes
earn big income taxes
educated business interest and tests
every body includes taxes
2
a period of sustained increases in the prices of stocks, bonds, or related indexes
.
Black Friday
Rally
DOW
Ching ching!
3
Base Rate is the minimum rate set by the Reserve Bank of India which banks are not allowed to lend to its customers
.
True
False
4
What is the definition for the business term "Inventory" ?
company's goods and products that are ready to sell
my invention
the amount of products you have
all stock in the various production stages
5
The Royal Mint is
The company you go to in order to start a business about money
The little mints that Olive Garden gives you after your meal
the organization that makes British coins
The Queen of England's personal mouth mint!
6
a dramatic downturn in economic activity in conjunction with a sharp fall in growth, employment, and production.
Depression
fall
suppression
black out
7
A joint account is a
bank or brokerage account shared between two or more individuals
.
False
True
8
a repayment or withholding scheme that incrementally makes deductions as paychecks are received is
PAYE
Pay as You Earn
loan
Income Tax
