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

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