Limited Liability Company (LLC)

Accounts Payable

Money a business owes to suppliers for goods and services received but not yet paid for.

Accounts Receivable

Money owed to a business by customers who bought on credit.

Acquirer

A company that purchases another company in a merger or acquisition.

Angel Investor

A wealthy individual who funds early-stage startups with personal money in exchange for equity.

Annual Report

A company's yearly publication of financial results and strategy for shareholders.

Audit

An independent examination of financial records to confirm they are accurate.