100 Essential Financial Concepts For Investing / Starting Up (Part 2)

Dr. Ashish Bamania
3 min readSep 6, 2022

These are the 100 financial terms that you should know when learning about managing and investing your money.

These are also essential if you are someone planning to start a Startup.

For the sake of readability, this article will be divided into multiple posts. :)

Photo by micheile dot com on Unsplash

The previous parts of the article can be found below:

13. Current Assets

Assets that are likely to be converted into cash/ can easily be liquidated in one business cycle (one year).

These include:

  • Cash
  • Cash equivalents
  • Accounts receivable
  • Inventories
  • Short term investments
Photo by NORTHFOLK on Unsplash

14. Accounts Receivable

On the balance sheet, these represent the monetary value of :

  • goods that already have been delivered or
  • services that already have been used by the customer,

but for which payments have not been received yet.

15. Inventories

These represent the amount of raw material, unfinished goods, and finished products from the raw material that has not been sold.

Photo by Lenny Kuhne on Unsplash

16. Non-current Assets

Assets that are not expected to be converted into cash within one business cycle (usually one year).

These include:

  • Tangible assets / Property, plant, and equipment (PP&E)

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Dr. Ashish Bamania

Doctor 🩺 | Self-Taught Software Developer πŸ‘¨β€πŸ’» | Author πŸ“˜ | AIIMS, New Delhi πŸ‘¨β€πŸŽ“ | Subscribe to my newsletter here: https://bytesurgery.substack.com/