Finance Flashcards

1
Q

Start-up capital

A

Starting a business without borrowing money

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2
Q

Short term needs

A

Raw materials

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3
Q

Probability

A

the excess of revenue or income over expenses or cost

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4
Q

Internal sources of finance

A

internal finance refers to funds generated from inside the business

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5
Q

Budgeting

A

quantitative planning through which managers decide how to allocate available money to best accomplish company goals

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6
Q

Real estate

A

property consisting of land or buildings

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7
Q

Bonds

A

type of investment in which you lend or loan money to a company, government, or organization for a specific period of time at a specific interest rate

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8
Q

Cash flow

A

The flow of money in and out of a business

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9
Q

Overheads

A

Money spent that keeps a business operating

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10
Q

Cash inflow

A

Flow of money into a business

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11
Q

Cash outflow

A

Flow of money out of a business

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12
Q

Insolvent

A

Inability to meet debts

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13
Q

Drawings:

A

Money taken out of a business by the owner

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14
Q
A
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