Pearson Edexcel International GCSE (9-1) Business - 3 - Business Finance : Listening, reading and writing in Greek Question paper + mark scheme

Pearson Edexcel International GCSE (9-1) Business - 3 - Business Finance
Listening, reading and writing in Greek Question paper + mark scheme
Study online at https://quizlet.com/_h5j4cx

1. short-term (financing) needs The money needed to pay for the cur-
rent operating activities of a business




2. long-term (financing) needs money needed for the main resources
of a business that will last for many years

3. start-up financing the amount of money needed to open
the business




4. expansion Financing the amount of money needed to expand
the business




5. Internal sources of finance Finance which is obtained within the
business such as retained profit or the
sale of assets



, Pearson Edexcel International GCSE (9-1) Business - 3 - Business Finance
Listening, reading and writing in Greek Question paper + mark scheme
Study online at https://quizlet.com/_h5j4cx




6. Personal Savings Money that has been set aside and not
spent by individuals which is then used
to open a business




7. Retained profit Profit which is kept back in the business
and used to pay for investment in the
business.




8. Selling assets When a person or business sells assets
it owns, such as equipment or vehicles it
no longer uses, in order to raise finance.




9. overdraft