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Cash Flow and Fin
New JC Business Studies Cash Flow and Finance
| Question | Answer |
|---|---|
| Cash flow | The difference between the money flowing in and the money flowing out of a business or household. |
| Cash flow forecast | shows the expected flow of money in and out of a business over a period of time. |
| Credit | Selling goods now but not getting paid until later. |
| Credit control | Monitoring which customers are given credit and for how long, and ensuring how they pay on time. |
| Security (also Known as collateral) | Refers to an asset that can be sold by the lender to raise funds to pay back the loan if the borrower is unable to do so. |
| Equity finance | Money brought into a business by the owners. |
| Retained earnings (also known as reserves) | Profits retained in a business. |
| Trade credit | Means buying goods now but paying for them later. |
| Overdraft | Ppermission to spend more money than is actually in a current account. |
| Hire purchase | Paying for asset in instalments. |
| Term loans | Medium term loans from a bank to be repaid in monthly instalments over a number of years. |
| Leasing | Renting an asset from a specialist leasing company. |
| Grant | Essentially free funding provided to an enterprise |
| Long term loan | loan that can be for periods of up to 40 years. |
| Sale and Leaseback | A contract to raise cash by selling a piece of property and simultaneously leasing it back on a long-term lease. |
Created by:
MrFromholz
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