Business terms

1. funds used by a company to acquire, upgrade, and maintain physical assets
4. an arrangement in which the company that sells an asset can lease back that same asset from the purchaser.
5. a long-term tangible asset that a firm owns and uses to produce income and is not expected to be used or sold within a year.
9. the amount of a business's net income that is kept within its accounts
10. direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut.
11. a financial transaction and a type of debtor finance in which a business sells its accounts receivable
12. an arrangement to buy goods and/or services on account without making immediate cash or cheque payments.
13. when the quality of work takes priority over when and where employees complete their work

1. the money it has available to pay for its day-to-day operations and to fund its future growth.
2. payments the individual receives, whether earned or unearned
3. short-term expenses used in the current period
6. occurs when there isn't enough money in an account to cover a transaction or withdrawal, but the bank allows the transaction anyway.
7. individuals or businesses that owe money, whether to banks or other individuals.
8. the difference between a company's current assets