2408 B Flashcards
(10 cards)
A person or entity that arranges transactions between a buyer and a seller for a fee.
broker
A type of security that represents ownership in a company and a claim on part of its assets and earnings.
stock
The act of allocating resources, usually money, with the expectation of generating income or profit.
investment
An obligation to repay borrowed money, often with interest, over a specified period.
debt
An individual or organization that provides funds to another party with the expectation of repayment.
lender
The financial gain achieved when revenue exceeds expenses.
profit
A rise in quantity, size, or value over a period of time.
increase
The process of creating goods or services using labor, materials, and equipment.
production
All the money, property, and other assets owned by an individual, especially at the time of their death.
estate
To identify or acknowledge something as valid, important, or familiar.
recognize