This person works in a pawn shop
a pawnbroker
Being in the _____________ means you are in credit.
black
A _______________ is money which doesn't need to be repaid.
grant
__________________ are the total amounts of money owed by a business
liabilities
Being in the _______________ means you are in debt.
red
This word means "a promise to pay for the cost of possible damage, loss, or injury"
indemnity
A __________ is money that is paid usually by a government to keep the price of a product or service low or to help a business or organization to continue to function
subsidy
The ___________ is the original amount of a loan not including any interest charged.
principal
A person or company can "file" for this
bankruptcy
A ________________ is a particular type of loan for the purchase of property.
mortgage
_______________ is when a company stops operating because of financial difficulties
To go into liquidation
A __________________ is the amount of money made on an investment
return
The finance a company raises from issuing shares rather than taking out loans is known as ________ capital.
equity
This word means "the value of the shares issued by a company"
equity
When a company misses paying an installment of a loan, the company _______________.
defaults
A ___________ is an amount of a company's profits that the company pays to people who own stock in the company
dividend
This word means "a valuable person or thing : something that is owned by a person or company"
asset
In lending agreements ___________________ is a borrower's pledge of specific property to a lender, in order to secure repayment of a loan.
collateral
_______________ are investors who invest their money in the initial phase of a startup in exchange for a participation in capital
business angel
Money lent to start-up businesses is known as risk or _______________ capital
venture
__________________ is the ability to easily turn an asset or security into cash
liquidity
_________________ is when a company gets a loan and promises to repay the loan over time with interest
debt fundraising
When a person tries to take out more money than is currently in a bank account, this is known as an _______________.
overdraft
This is a person or organization that loans money with extremely high interest rates
a loan shark