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EC-071 Glossary 2

AB
EquityAssets minus liabilities; also known as stockholders’ (or shareholders’) equity, book value, and net worth
ExecutivesTop-level employees
ExpensesThe money that a business spends
Financial recordsDocuments containing information related to the amount of money going into and out of a business
FinancingFunding a business activity or project through debt, equity, or venture capital
For-profit businessA business whose overall purpose is to earn a profit
GoalAn objective or want that you plan to fulfill
Financial analysisThe process of planning, maintaining, monitoring, controlling, and reporting the use of financial resources


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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