5. Corporate Finance Exam Study Set |Question and Answer| 100% Correct

5. Corporate Finance Exam Study Set |Question and Answer| 100% Correct it's money for old rope *Ans* you are emphasizing that it is earned very easily, for very little effort. [British, informal, emphasis] loan *Ans* amount of money borrowed for a certain time period over budget *Ans* (phrase) costing more than the money that is available or was planned to spend cutback *Ans* a reduction in quantity or rate auction *Ans* the public sale of something to the highest bidder muck *Ans* dirt, rubbish, or waste matter licence to print money *Ans* to generate a lot of money without much effort business angels *Ans* individuals who invest their personal capital directly in start-ups headquarters *Ans* main office money is no object *Ans* you can spend as much as you like on something lucrative *Ans* bringing in money; profitable fortune *Ans* a very large amount of money inherit *Ans* to receive something from someone after that person's death sums of money *Ans* a quantity of money retire *Ans* To stop working because one has reached a certain age property *Ans* anything of value that is owned or controlled acquisition *Ans* something such as a building, another company, or a piece of land that is bought by a company, or the act of buying it equity *Ans* ownership of an asset of value debt *Ans* Money owed Financing through equity *Ans* involves raising money by selling interests in the company. financing through debt *Ans* involves borrowing money to be repaid, plus interest Bankruptcy *Ans* A condition under which a person or corporation is declared unable to pay debts going into administration *Ans* when a company becomes insolvent and is put under the manage