Finance Flashcards
1
Q
Hire pruchase
A
Popular way businesses buy cars. You have to pay a deposit. You can own it after the last purchase.
2
Q
Leasing
A
Similar to renting. Property, buildings and vehicles are common assets for leasing.
3
Q
A grant
A
Non-repayable goods or products.
4
Q
Entrepreneurs
A
Are people who set up their own business
5
Q
Internal sources of finance means:
A
No interest or repayments
6
Q
External sources means:
A
Companies can’t supply its own cash
