1. Bond Cost: Face Value x Percent (quoted price) | Annual Interest: Face Value x Interest Rate | Annual Yield: Annual Interest/Bond Cost |

2. 1.609 kilometers

3. A statement that shows in detail a business's income and operating expenses, also called a profit-and -loss statement. Shows gross profit, net sales, cost of goods sold, net income...,

4. Something pledged as security for repayment of a loan, a to be forfeited in the event of a default

5. # from which another # will be subtracted

6. 3% discount if paid in 10 days, due in 30 days

7. NSF International is an accredited, independent third-party certification body that tests and certifies products to verify they meet these public health and safety standards. Products that meet these standards bear the NSF mark. NATIONAL SANITATION FOUNDATION

8. Written pledge that you will be repaid your specified amount of money plus interest, no ownership in corporation. One form is royalty. You get your money back when the bond reaches its maturity date. Interest is paid every 6 months.

9. Pays for damage to the insured vehicle caused by a collision with another motor vehicle or an object such as a telephone pole

10. Because the funds are drawn out of the banks account and guaranteed to be cleared by the bank, usually cashiers checks are very safe. To use a cashiers check, you must have enough money in your account, as you prepay.

11. amount of $ that must be paid before an insurance company will pay a claim

12. Depreciation rate is multiple of straight line methos

13. Capacity- Borrowers ability to pay back loan | | Capital- Amount of money a borrower puts down. For example, if a borrower puts down a large down payment, more likely to get mortgage | | Collateral- Helps get a loan, incentive. If loan is not paid, lender can repossess collateral | | Conditions- conditions of the loan, such as APR or principal amount | | Character- borrowers reputation of paying back debts

14. amount you need to pay before the insurance overs it

15. Financial debt or financial obligations that arise during business. Ex: mortgages, accounts payable, etc.

16. A person who is authorized to sign a negotiable security in order to transfer ownership from one party to another, or to approve the terms and conditions of a contract.

17. 2 cups(c)

18. % increase when a store increases price of product from what they bought it for to make a profit

19. a person legally entitled to the property or rank of another on that person's death.

20. Share of ownership in a corporation/business. You invest money into a corporation and own shares of a company. Owning a part of company = equity = stake. As value of a company increases, the 'piece of a pie' becomes bigger and more delicious

21. The first you purchased is the first out. Example: I buy three books: Book 1 = $1, Book 2 = $2, Book 3 = $3. I resell them. Book 1 is the first to leave. The ending inventory is the sum of Book 2 and Book 3

22. the # that is to be subtracted

23. (For a check) Someone who is liable to pay for something, or agrees through a note (check) to pay a specific amount of money, due at a certain time. Basically, person who pays for something.

24. Net worth (sometimes called net or wealth) is the total assets minus total outside liabilities of an individual or a company. Net worth is used when talking about the value of a company or in personal finance for an individual's net economic position. Put another way, net worth is any asset owned minus any debt owed.

25. cash and other assets that are expected to be converted to cash within a year.