Topic C Flashcards
1
Q
Personal Loan
A
Used to fund a purchase, e.g a watch
2
Q
Mortgage
A
Large loan used for a house
3
Q
Debentures
A
Businesses can have protection for long term loans
4
Q
Owner’s Capital
A
Money an owner puts into their own business
5
Q
Shares
A
Something an individual can purchase from a business to receive income from a business
6
Q
Venture Capital
A
Funds from a professional investor in return for ownership of a business
7
Q
Leasing
A
Allows businesses to receive large assets without paying a large sum
8
Q
Grants
A
Government payments to businesses which are given with conditions
9
Q
Crowd Funding
A
When a group of individuals come together to fund a specific item or cause
10
Q
Invoice Discounting
A
Business borrows against the value its outstanding invoices for a fee
