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5
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Finance put into the business by the owner.
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6
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A business pays for the asset (eg machinery/ a vehicle) in instalments. The business owns the asset once the last instalment has been paid
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8
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A business with its own legal identity
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9
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A person or organisation which often invests in small, high-risk businesses
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10
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A business sells their unwanted/outdated assets to raise finance
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12
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Allows a business to raise money from the sale of assets, while retaining use of them
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13
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Businesses receive the good they have ordered and are then given 30-90 days to pay for the goods
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16
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Profits made by the business which are kept by the business rather than being paid out to owners or shareholders
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1
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A business can borrow an agreed amount from a bank and repay the money, usually in instalments, over an agreed time
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2
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Allows a plc to raise finance from the masses
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3
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An agreement with the bank to allow a negative bank balance
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4
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When the owner can lose personal possessions for a sole trader's debts
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7
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A business leases (rents) an asset (eg machinery/ a vehicle) rather than buying it. The business never owns the asset
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11
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The 'p' in plc
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14
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liability of shareholders in a private limited company
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15
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Money lent to a business to buy land and buildings. It is usually a large amount borrowed over a long period of time
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