CreditScore A number between350 and 800assigned to a personthat indicates tolenders their capacityto repay a loan. CapitalGainsTaxA tax leviedon profit fromthe sale ofproperty or aninvestment. Corporation A legal entityowned byshareholders. SoleProprietorship A businessowned byoneperson. Liability An obligationbetween one partyand another not yetcompleted or paidfor used to financeoperations. Profitthe financial benefitrealized when revenuegenerated from abusiness activityexceeds the expenses,costs, and taxesinvolved in sustainingthe activity in question.Entrepreneurshipthe activity ofsetting up abusiness orbusinesses whiletaking on financialrisks in the hope ofprofit.Partnership A businessowned bytwo or morepeople. Limitedliability Liability that islimited to theamount of moneyinvested in acorporation’sstock. Liquidity The degree towhich an asset canbe quickly bought orsold in the marketat a price reflectingits intrinsic value. DebtAn amount ofmoney borrowedby one partyfrom anotherusually withinterest. Asseta resource witheconomic value that anindividual, corporation,or country owns orcontrols with theexpectation that it willprovide a futurebenefit. Incomethe amount of moneyremaining after costsof doing business,such as depreciation,interest, taxes, andother expenses aresubtracted fromrevenue. Limitedliabilitycompany(LLC) Corporatestructures whereowners are notpersonally liablefor the company'sdebts or liabilities. Expensesthe cost of operationsthat a companyincurs to generaterevenue. Businessesare allowed to writeoff tax-deductibleexpenses on theirincome tax. InsuranceA contract, (policy), inwhich an individual orentity receivesfinancial protection orreimbursementagainst losses. Principal The original sumcommitted to thepurchase of assetsindependent ofany earnings orinterest. CapitalGains A profit from thesale of propertyor aninvestmentsuch as stockor bonds. Innovate To improve oralter an existinggood or serviceor create a newone. Unlimitedliability The full legalresponsibility thatbusiness ownersand partnersassume for allbusiness debts. BusinessPlan A written documentdescribing acompany's corebusiness activities,objectives, and howto achieve theirgoals. FundingSource Any financialinstitution or anyinsurance company,bank or other entityproviding liquidity orcredit enhancement. Revenuethe total amount ofmoney generatedby the sale of goodsor services beforeany expenses aretaken out.Replicate To providegoods andservices similarto thosealready inexistence. Depreciationa reduction in thevalue of an assetwith the passageof time, due inparticular to wearand tear. IncomeTax Tax levied bya governmentdirectly onmoneyearned. LiabilityInsurance An insurance productthat provides aninsured party withprotection againstclaims resulting frominjuries anddamages. PremiumThe amount ofmoney anindividual orbusiness pays foran insurancepolicy. MarketResearch The action oractivity of gatheringinformation aboutconsumers' needsand preferences. InterestMoney paid regularlyat a particular rate forthe use of moneylent, or for delayingthe repayment of adebt. CreditScore A number between350 and 800assigned to a personthat indicates tolenders their capacityto repay a loan. CapitalGainsTaxA tax leviedon profit fromthe sale ofproperty or aninvestment. Corporation A legal entityowned byshareholders. SoleProprietorship A businessowned byoneperson. Liability An obligationbetween one partyand another not yetcompleted or paidfor used to financeoperations. Profitthe financial benefitrealized when revenuegenerated from abusiness activityexceeds the expenses,costs, and taxesinvolved in sustainingthe activity in question.Entrepreneurshipthe activity ofsetting up abusiness orbusinesses whiletaking on financialrisks in the hope ofprofit.Partnership A businessowned bytwo or morepeople. Limitedliability Liability that islimited to theamount of moneyinvested in acorporation’sstock. Liquidity The degree towhich an asset canbe quickly bought orsold in the marketat a price reflectingits intrinsic value. DebtAn amount ofmoney borrowedby one partyfrom anotherusually withinterest. Asseta resource witheconomic value that anindividual, corporation,or country owns orcontrols with theexpectation that it willprovide a futurebenefit. Incomethe amount of moneyremaining after costsof doing business,such as depreciation,interest, taxes, andother expenses aresubtracted fromrevenue. Limitedliabilitycompany(LLC) Corporatestructures whereowners are notpersonally liablefor the company'sdebts or liabilities. Expensesthe cost of operationsthat a companyincurs to generaterevenue. Businessesare allowed to writeoff tax-deductibleexpenses on theirincome tax. InsuranceA contract, (policy), inwhich an individual orentity receivesfinancial protection orreimbursementagainst losses. Principal The original sumcommitted to thepurchase of assetsindependent ofany earnings orinterest. CapitalGains A profit from thesale of propertyor aninvestmentsuch as stockor bonds. Innovate To improve oralter an existinggood or serviceor create a newone. Unlimitedliability The full legalresponsibility thatbusiness ownersand partnersassume for allbusiness debts. BusinessPlan A written documentdescribing acompany's corebusiness activities,objectives, and howto achieve theirgoals. FundingSource Any financialinstitution or anyinsurance company,bank or other entityproviding liquidity orcredit enhancement. Revenuethe total amount ofmoney generatedby the sale of goodsor services beforeany expenses aretaken out.Replicate To providegoods andservices similarto thosealready inexistence. Depreciationa reduction in thevalue of an assetwith the passageof time, due inparticular to wearand tear. IncomeTax Tax levied bya governmentdirectly onmoneyearned. LiabilityInsurance An insurance productthat provides aninsured party withprotection againstclaims resulting frominjuries anddamages. PremiumThe amount ofmoney anindividual orbusiness pays foran insurancepolicy. MarketResearch The action oractivity of gatheringinformation aboutconsumers' needsand preferences. InterestMoney paid regularlyat a particular rate forthe use of moneylent, or for delayingthe repayment of adebt. 

Entrepreneurial Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. A number between 350 and 800 assigned to a person that indicates to lenders their capacity to repay a loan.
    Credit Score
  2. A tax levied on profit from the sale of property or an investment.
    Capital Gains Tax
  3. A legal entity owned by shareholders.
    Corporation
  4. A business owned by one person.
    Sole Proprietorship
  5. An obligation between one party and another not yet completed or paid for used to finance operations.
    Liability
  6. the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question.
    Profit
  7. the activity of setting up a business or businesses while taking on financial risks in the hope of profit.
    Entrepreneurship
  8. A business owned by two or more people.
    Partnership
  9. Liability that is limited to the amount of money invested in a corporation’s stock.
    Limited liability
  10. The degree to which an asset can be quickly bought or sold in the market at a price reflecting its intrinsic value.
    Liquidity
  11. An amount of money borrowed by one party from another usually with interest.
    Debt
  12. a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
    Asset
  13. the amount of money remaining after costs of doing business, such as depreciation, interest, taxes, and other expenses are subtracted from revenue.
    Income
  14. Corporate structures where owners are not personally liable for the company's debts or liabilities.
    Limited liability company (LLC)
  15. the cost of operations that a company incurs to generate revenue. Businesses are allowed to write off tax-deductible expenses on their income tax.
    Expenses
  16. A contract, (policy), in which an individual or entity receives financial protection or reimbursement against losses.
    Insurance
  17. The original sum committed to the purchase of assets independent of any earnings or interest.
    Principal
  18. A profit from the sale of property or an investment such as stock or bonds.
    Capital Gains
  19. To improve or alter an existing good or service or create a new one.
    Innovate
  20. The full legal responsibility that business owners and partners assume for all business debts.
    Unlimited liability
  21. A written document describing a company's core business activities, objectives, and how to achieve their goals.
    Business Plan
  22. Any financial institution or any insurance company, bank or other entity providing liquidity or credit enhancement.
    Funding Source
  23. the total amount of money generated by the sale of goods or services before any expenses are taken out.
    Revenue
  24. To provide goods and services similar to those already in existence.
    Replicate
  25. a reduction in the value of an asset with the passage of time, due in particular to wear and tear.
    Depreciation
  26. Tax levied by a government directly on money earned.
    Income Tax
  27. An insurance product that provides an insured party with protection against claims resulting from injuries and damages.
    Liability Insurance
  28. The amount of money an individual or business pays for an insurance policy.
    Premium
  29. The action or activity of gathering information about consumers' needs and preferences.
    Market Research
  30. Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
    Interest