Finance Flashcards

1
Q

What is a grant?

A

An amount of cash given to a company by the EU or a County Enterprise Board

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2
Q

What is sale and leaseback?

A

When a company sells an asset and leases it back from the buyer

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3
Q

What is collateral?

A

Something of value that the bank will take if you don’t pay back your loan.

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4
Q

Who are entrepreneurs?

A

Entrepreneurs are people who set up their own business

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