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Cards (11)
Over draft
Over Draft occurs when money is
withdrawn
from a bank account and the available
balance
goes below
zero
Trade credit
a type of
short-term
financing
extended
by a seller who does not require
immediate payment
after delivery of merchandise
Short
term
finance
Sources of money for businesses that may have to be
repaid
with
immediately
or fairly
quickly
, such as an
overdraft
, usually within a year
Personal Savings
Money
that has been set aside and not spent by individuals and
households.
Venture Capital
Money
that is invested in new or emerging companies that are perceived as having great
profit potential
Share Holders
People who own
stock
in a company
Share Capital
The total value of
capital
raised from
shareholders
by the issue of shares
Loans
amounts of money borrowed which will accumulate
interest
Guarantor
Guarantorthe
person identified as responsible for
payment
of the bill
Retained Profit
Profit
after
tax
that is 'ploughed back' into the business
Crowd Funding
Crowd FundingWhere a large number of individuals invest in a business or project on the
internet
, avoiding the use of a
bank