Stukent Entrepreneurship Chapter 7 BMT Vocab

Loans specifically tailored for small businesses that must be repaid with interest (most common way to get money)

PIA stands for principal interest administrative fees

Providing entrepreneurs with small loans & financial services typically in developing countries/underserved communities

Management Accountants...

High net-worth individuals who provide capital and mentorship to startups in exchange for equity

Professional investment firms that in high-growth startups or business in exchange for equity

Which approach focuses on the value of a business's tangible & intangible assets.

Which approach determines a business's value based on its expected future income or cash flows

Percentages charges by lenders on loans or credit, representing the cost of borrowing or the return on an investment

Which approach determines the value of a business by comparing it to similar businesses recently sold/comparable finance

Financial aid granted to students based on specific criteria; academic achievements

Shareholders holding equity do not have the right to assert a stake in the company's assets and earnings

Combination of the market and income approaches may be used to derive a more accurate valuation.

Which approach combines other approaches to be used to arrive at a comprehensive valuation

The ownership/portion of ownership in a company, often represented by common stock

Financial obligations or liability owed by an individual or entity to another part (owing someone money)

Gathering financial support by reaching to a broad audience through social media & inviting them to contribute money

Measure of an individual's ability to borrow money based on their financial history & trust to repay borrowed amount

Monetary worth of a business by viewing company's profits, losses, assets, debts, & current market conditions

Financial resources offered by organizations, government agencies/foundations to support particular projects/activities