Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Sources of Finance

TY Business

TermDefinition
Bank overdraft The bank gives the current account holder permission to withdraw more from their account than is in the account up to an agreed limit
Trade Credit Purchasing goods now and paying for them later (30-60days)
Unpaid expenses Delaying payment of unpaid bills and using the money to pay for other expenses
Factoring Selling the debts of a business to a company for cash
Hire purchase allows a person to use a good while they are paying it off
Term loan A loan taken out for between 1-5 years
Leasing/renting Using goods for a period without ever owning them
Debenture Long term loan taken out by the business with a fixed interest rate
Owner/share capital This is money invested by the owner (sole trader) or by selling shares in the business to shareholders (limited company)
Grants Finance provided by State agencies such as Enterprise Ireland
Retained Earnings The profits saved by a company at the end of the year
Created by: sineadg
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards