business terms

2. allows business to buy now and pay later
6. land, vehicles,buildings, machinery
8. the ability of a business to adapt to changes in its external environment
9. purchase of assets that are expected to last for more than one year (machinery)
11. an agreement in which one person or company sells property to another
12. capital needed to pay for raw materials and day to day running cost
13. business can temporarily borrow on its bank account and take out more money than it has in its account

1. spending on all costs and assets other than fixed assets
3. the amount of profit made by a business that is kept within the business's accounts
4. people or organizations that owe money to the business
5. any funds that you borrow, receive or have as an individual in your own name
7. benefits given to entities by the government
9. finance needed to set up and operate a business
10. Financial service that allows a business to raise funds based on the value owed by its debtors