BAF TIMES

1. A tax on products imported from foreign countries.
4. the fixed costs associated with operating a business.
5. A unit of ownership, often in a company’s stock or in a mutual fund.
6. money that a business spends.
7. when a factor company buys a business's outstanding invoices at a discount and chases up the debtors.
8. a set of conditions you can measure a product or business against.
10. Money you have set aside in a secure place, such as in a bank account
11. an arrangement offered to a business by a financial institution.
13. The original sum of money invested, excluding interest

2. the process of offsetting assets such as goodwill and intellectual property over a period of time
3. The amount of money that has to be paid for an insurance policy.
8. where a business funds its growth through personal finances and revenue from the business.
9. a person who promises to repay a loan if the borrower cannot meet the repayments.
12. Paying back money you borrowed
14. to quickly sell all the assets of a company and convert them into cash.