| A | B |
|---|
| Bank | ”a business or organization that takes in deposits of money |
| Circularflow | ”continuous flow of money |
| Corporation | ”form of business that often has large numbers of investors; they receive a share of the profits; has a separate identity from the owners; least risky investment” |
| Creditunion | ”a bank open only to members of the sponsoring group |
| Deposit | ”the money a person puts into a bank for safekeeping |
| Entrepreneur | ”person who starts a new business in hopes of making a profit; the boss; the risk-taker” |
| Financialcapital | ”money available for investment” |
| Financialinstitution | ”term for banks |
| Globaleconomy | ”worldwide markets and trade in goods and services” |
| Household | ”family or group living together; could be an individual living alone” |
| Interest | ”payment made for the use of someone else’s money; a bank pays interest to the depositor and then charges a higher interest to the borrower” |
| Investment | ”purchase of something in hope that it will increase in value over time; or it may help some one’s business grow or increase in value” |
| Investor | ”a person who invests money in a business |
| Labor | ”work or workers” |
| Liability | responsibility for actions or debt |
| Partnership | ”business with 2 or more owners who share the profit and are each personally responsible for any debt the business may have” |
| Producers | ”businesses that produce goods/services” |
| Profit | ”income minus expenses” |
| Proprietorship | ”one individual owns the entire business; keeps all the profit and takes all the risk” |
| Public goods/services | ”parks |
| Revenue | ”money collected by the government through taxes and fees” |
| Stockholder or shareholder | ”person who owns stock in a corporation; entitled to a share of the yearly profits” |
