midterm
Across
- 2. relationship between share capital and loan capital
- 6. provided by investors to high-risk, high-potential start-up firms
- 7. debt of one business purchased by another at a portion of the debt owed.
- 8. financial assistance granted by a government or NGO to support businesses that are in the public interest
- 12. money used in the day-to-day running of a business
- 14. funds usually provided government, foundations etc to businesses that do not need to be repaid
- 15. money raised from the sale of share of a limited company
- 17. source of finance for sole traders that comes mostly from their own personal savings.
Down
- 1. agreement between businesses that allows the buyer of goods or services to pay the seller at a later date.
- 3. money spent to acquire fixed assets in a business
- 4. profit that remains after a business has paid corporation tax and dividends.
- 5. allows a firm to use an asset without having to purchase it by cash
- 9. when a business sells off its unwanted assets to raise funds
- 10. when a lending institution allows a firm to withdraw more money than it currently has in its account.
- 11. affluent individuals who provide financial capital to start-ups.
- 13. usually provided by a government, foundation, trust, etc that do not need to be repaid.
- 16. money sourced from financial institutions such as banks, with interest charged on the loan to be repaid.