Entrepreneur’s Glossary
Due Diligence
The inquiry process of obtaining sufficient and accurate disclosure of
all material documents and other information which may influence the
outcome of the transaction.
Entrepreneur
A person who organizes, operates, and assumes the risk for a business venture.
Line of Credit
Similar to a business loan, except that the borrower only pays interest
on the amount actually used. Much like a credit card, the business
makes periodic payments against the outstanding balance.
