Across
- 2. capitalism, providers of funds for small or medium-sized companies that may be considered too risky for other investors.
- 5. businesses, a business model in which there is no legal difference between the owner(s) and the business.
- 6. business, a business model in which the business and the owner(s) have separate legal identities.
- 11. expenditure, spending on business resources that can be used repeatedly over a period of time.
- 14. issue, issuing new shares to existing shareholders at a discount.
- 16. finance, money borrowed for more than one year.
- 18. a contract to acquire the use of resources such as property or equipment.
- 20. an asset that might be sold to pay a lender when a loan cannot be repaid.
- 22. share capital, amount of current share capital arising from the sale of shares.
- 23. another name for an ordinary share.
- 24. overdraft – an agreement between a business and a bank that means a business can spend more money than it has in its account
Down
- 1. finance, money generated by the business or its current owners.
- 3. liability, a legal status which means that business owners are liable for all business debts
- 4. a business not raising enough capital when setting up.
- 7. the money provided by the owners in a business.
- 8. borrowing, money borrowed for 12 months or less.
- 9. a long-term loan to a business.
- 10. capital, money introduced into the business through the sale of shares.
- 12. share capital – the maximum amount that can be legally raised.
- 13. profit, profit after tax that is ‘ploughed back’ into the business.
- 14. expenditure, spending on business resources that have already been consumed or will be very shortly.
- 15. loans, where the lender has no protection if the borrower fails to repay the money owed.
- 17. gain, the profit made from selling a share for more than it was bought.
- 19. finance, money raised from outside the business.
- 21. liability, a legal status that means shareholders can only lose the original amount they invested in a business.