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FINANCE (Costs (Fixed (Cost that doesn't change with the amount of…

- - - - When business sells off its unwanted assets to raise funds
    - - Profit that remains after a business has paid corporation tax to the government and dividends to shareholders
    - - Source of finance for sole traders that comes mostly from their own personal savings
  - - - Money raised from sale of shares of a limited company
    - - Money sourced from a bank with interest charged on the loan to be repaid
    - - When a bank allows a firm to withdraw more money than it currently has in its account
    - - An agreement between businesses that allows the buyer of goods or services to pay the seller at a later date
    - - Funds provided by governments/institutions to businesses that do not need to be repaid
    - - Financial assisted granted by the government to assist an individual or NGO.
    - - Financial arrangement where the debt factor collects the debt owed to the business and the business provides a percentage of the owed debt in cash
    - - Allows firms to use an asset without having to purchase it by cash
    - - Financial capital provided to small risk business