We have heard many finance terms in our daily lives but today I am going to share some fun and interesting terms which might get you thinking but trust me they are actually used.
So, let’s begin. But, before you read what the term means, I would want you to give it a guess and only then continue reading further… and don’t forget to keep a score.
1. Sweat Equity:
When a person contributes to the company in form of service or labor instead of money, he/she is rewarded in return in the form of Sweat Equity. In short, the person uses his/her skills and capabilities to boost the growth of the company instead of money.
2. Runway:
No this is not the fashion runway. In simple words, this means the amount of time a company must remain solvent and raise any new funds. For example, a startup may state that they have a cash runway of 1 year.
3. Dragon:
Yes, this is also a term used in finance. It implies to those rare start-up’s that are able to raises 1 billion dollars in one single funding.
4. Hockey stick:
Not related to sports, Hockey Stick means a pattern in a company line chart that shows a sudden and rapid growth after a long period of linear growth. Hence resembling a hockey stick.
5. Ramen Profitable:
The term basically implies to start up which make just enough money to survive and sustain and afford basic food like Ramen.
So now tell me in the comments below how many did you guess right. And how many of these 5 surprised you.
For such and much more interesting finance blog, stay glued to my blog.
And while you are at it, don’t miss my other finance articles on my blog. Read them here.
Till next time,
Stay Financially healthy
24 replies on “5 fun and interesting Finance Terms”
These are new facts about finance I never knew about, thanks for sharing and I am so much looking forward reading more such facts.
I am glad that you liked these terms and now do flaunt them with your fiancé buddies :0)
I honestly haven’t know about these terms. Thank you for sharing these with us and teaching us something unique.
Im glad you found them useful and interesting.
I felt like I was in an Asian restaurant because when I hear words like Ramen and Dragon, all I can think of is food. But these are good informative words with their meanings.
These are really new financial terms for me. I m glad I found your blog. keep sharing these insightful articles.
Wow, these all are new to me. I often read and know about things. So these were quite interesting to know.
There’s a lot to love about finance. The industry is constantly evolving and there are always new terms and concepts to learn. And, let’s be honest, some of these are just plain fun and interesting. Thanks for sharing.
This is an amazing read. I have no knowledge about these terms. Really interesting information to know. Thanks for sharing this helpful and informative post. 👍
I really need to get some serious and practical knowledge of finance since its a need or time. Haven’t heard these terms before, but the way you have explained it simple and understandable 🤗 thank you
Absolutely didn’t know these terms existed and thanks for sharing this information so that I could now flaunt this financial knowledge among my friends. Love the terms and look forward to using them
Added knowledge for me, definitely gona incorporate it in my conversations and financial talks with family and friends. Some terms are so new
last 4 were surprising and 1st one was aware of, as I read business newspaper so read many a times. I would love to read many of startup related terms, by thw way dragon was quite interesting and loved understanding. looking forward for more such finance terms
I had no knowledge of these and dragon and ramen only make me think of food. But good to know these words. May need them in the future.
I am afraid I don’t know any of the terms you have shared. I do not know about.anything about finance.It is very complicated and i just cannot comprehend any of it.I regret this about me.
Aha… so there could be fun in finance too!! I wasnt aware of these financial terms. Learnt something new today… Hockey stick… well, all companies would like it!!
I am aware of this terms as I remained a student of Finance where these are common terms that we used to use. Thanks for refreshing my student days.
Absolutely didn’t know these terms existed and thanks for sharing this information so that I could now flaunt this financial knowledge among my friends. Love the terms and look forward to using them
Apart from sweat equity all the other terms were new to me. Guess I need to brush up my Finance knowledge about startups now!
I know little about finance terms. Now I feel like I should gain some Finance knowledge as I am going to to start my new Online Biz.
I am not a person from finance background so these terms came to me as a surprise. Like to know more about financial terminology.
Hahaha. Who knew financial terms could be as such too. Thanks for listing them down as I had no clue about them.
This is quite some information, who knew dragon or runway could be related to financial terms, great post buddy.
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