Fridays Financial Terms - Week 2
Channel: Admit Box
Date: 17/11/2019

Fridays Financial Terms brought to you by AdmitBox is your weekly dose of Financial terms. There are tons of financial terms that you may come across when you are studying, dealing with accountants and financial institutions, or while running your business. This video series has been created with the sole intention to aid you in your 
Who is this series for?
Students: As with many fields, the financial world is full of jargon and industry-specific terms that are used on an everyday basis. If you’re planning a career in the finance sector or preparing yourself for a competitive exam involving Financial awareness, Banking awareness or even current affairs it’s worth learning some of these terms in case they come up in an exam or an interview.
Entrepreneurs or Business owners: Running a business involves a constant learning curve. And that applies whether you’re a rookie entrepreneur just starting out with a great idea for a new business or a more established small business owner with a quickly growing business that needs to expand. Entrepreneurs go into business with a variety of pre-existing skills. There are only a handful of entrepreneurs who are truly financially savvy, the majority cringe at the thought of preparing financial statements and managing the books of their businesses. While it may be wisest to depend on expert help in the off chance that you may not be equipped to handle the nitty-gritties, it is important to have a basic understanding of the inner workings of your company’s finances. This video series is going to aid you with some basic financial terms every entrepreneur should know as their business grows. These terms may come up in meetings with potential investors, partners, and clients, so it’s important to be aware of them and to understand how they might affect your business.