Business Finance Flashcards
Where are new securities issued
Primary markets
Short term market for securities maturing in one year
Money market
What type of finance will be used to pay wages and day-to-day expenses
Immediate finance
What type of finance would be used to pay for goods and services bought on credit
Short term finance
What type of finance will be used to pay for an increase in inventory receivables as a business grows and to pay tax on profit earned
Medium term finance
Documents issued by Bank on behalf of customer authorising a person to draw money to specific amount from its branches
Letter of credit
Where are financial instruments that have a maturity of less than one year traded
Money market
Where can 30 year old treasury bonds be sold
Money Market
What department in the bank of England is responsible for stability and resilience of the UK financial system
Financial policy commite
