Shark Tank Project Vocabulary

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What is an investment?

Back

An investment is a purchase intended to produce income or money gains if what was purchased does well or sells.

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Who is an investor?

Back

An investor is a person (or organization) that puts money into products, investments, or many other things with the expectation of achieving a profit.

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What does margin refer to in business?

Back

Margin refers to the difference between the seller's cost for making products and the selling price.

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What does it mean if a product is innovative?

Back

If a product is innovative, it features new methods, or is advanced and original.

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What is funding?

Back

Funding is the act of providing resources to finance a need, program, or project.

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What is an entrepreneur?

Back

An entrepreneur is a person who starts and runs a business, taking on financial risks in the hope of profit.

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What is profit?

Back

Profit is the financial gain obtained when the revenue from sales exceeds the costs associated with producing the goods or services.

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What is revenue?

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Revenue is the total amount of money generated from sales of goods or services before any expenses are deducted.

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What is a liability?

Back

A liability is a financial obligation or debt that a business owes to others.

Front

What is an expense?

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An expense is the cost incurred in the process of earning revenue.