Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Sources Of Finance

Business Chapter 19 JC

TermDefinition
Bank Overdraft Bank allows you to take more money out than you have in. Pay interest.
Trade Creditors Purchasing supplies on credit and pay for them later. (Buy now, Pay later)
Expenses Due Delay paying expenses such as electricity. Use that money for other areas in the business.
Hire Purchase Three parties are involved. The business, the bank and the customer. The bank purchases the item (car) and the customer pays the bank in instalments. They do not own the item until the last instalment is paid
Leasing Renting an item such as vehicle/machinery. Pay an agreed amount each week/month. Will never own the item but can use itid.
Medium Term Loan Money Borrowed from the bank. Paid back in instalments + interest. (Between 1 - 5 years)
Retained Earnings (Also known as savings) This is the savings a business has. No interest or repayments required. This is gathered using the profits of the business.
Grants: A lump sum given to the business. It does not have to be repaid. These are given the government. Grant usually has terms and conditions attached
Share Capital This is money that the owners/investors put into the business. Shareholders receive dividends in return for investing money.
Long term Loan: (Mortgage) This is a loan from the bank. Must pay back with interest.
Sale and Leaseback Selling an asset, and leasing (renting) it back off the person who bought it. Quick way of raising money to be used in other areas of the business. Still able to use item, but the new owner may increase rent of item over time.
Crowdfunding Raising small amounts of money from a large number of people ONLINE. Can be for Donation or Lending or Equity. E.g Kickstarter website
Capital expenditure expenditure that is a one-off or long term for the business/government (e.g. buying premises or equipment
Current expenditure everyday or regular expenditure of keeping the business/government running (e.g. wages and electricity).
Created by: mcurran
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards