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