Anything owned by a person or a company that has value and can be used to meet debts or commitments.
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B
A legal process in which a person or business declares that they are unable to pay their debts.
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C
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
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D
An amount of money that is owed to someone else, often with interest.
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E
The value of an asset after deducting any liabilities or debts associated with it.
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F
The legal process by which a lender takes possession of a property from a borrower who has failed to meet the terms of their mortgage.
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G
The total amount of something before any deductions or expenses are taken into account.
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H
A strategy used to reduce the risk of adverse price movements in an asset or investment.
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I
A public offering. When a company first offers to sell stock or ownership and become publicly traded.
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J
A bank account shared by two or more individuals, usually with equal access and responsibility for the account.
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L
The ability to convert an asset into cash quickly and easily without significant loss of value.
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M
The difference between the selling price of a product or service and the cost of producing or providing it.
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N
The amount of money that remains after subtracting expenses from revenue.
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O
A deficit in a bank account caused by drawing more money than the account holds.
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P
The financial gain made from a business transaction or investment after deducting expenses.
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Q
A set of financial statements containing information related to a company's performance. Publicly traded companies are required by law to file quarterly reports through the Securities and Exchange Commission (SEC) using Form 10-Q.
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R
A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit by the initial cost of the investment.
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S
A share in the ownership of a company, representing a claim on part of the company's assets and earnings.
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T
Traders are individuals who engage in the short-term buying and selling of a financial asset for themselves or an institution such as a bank, brokerage firm, or hedge fund.
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U
The process of evaluating the risk of insuring a person or asset and setting the premium accordingly.
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V
Capital provided to early-stage, high-potential, high-risk startup companies in exchange for equity or ownership in the company.
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Y
The income generated by an investment, typically expressed as a percentage of the investment's cost or market value.
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Z
A bond that is issued at a discount to its face value and does not make periodic interest payments, but instead pays the full face value at maturity.