Business - finance

Business - finance (12 Cards)
by

	Front cards	Back cards
1	Authorised share capitalaccount	The maximum amount that can be legally raised
2	Bank overdraft	An agreement between a business and a bank that means a business can spend more money that it has in its
3	Capital gain	The profit made from selling and share for more than it was bought
4	Crowd funding	Where a large number of individuals invest in a business or project on the internet, avoiding the use of a bank
5	Debenture	A long-term loan to a business
6	Equities	Another name for an ordinary share
7	External finance	Money raised from outside the business
8	Issued share capital	Amount of current share capital arising from the sale of shares
9	Lease	A contract to acquire the use of resources such as property or equipment
10	Peer-to-peer funding	Where individuals lend to other individuals without prior knowledge of them, on the internet
11	Permanent capital	Share capital that is never repaid by the company
12	Secured loans