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Exam (elaborations)
Edexcel A Level Business - Theme 2.1 Questions with Complete Solutions| Rated A+
Internal finance - Money generated by the business or its current owners 
 
External finance - Money raised from sources outside the business 
 
Owner's Capital - The money provided by the owners in a business 
 
Sale of assets - when a business sells off its unwanted or unused assets to raise funds 
 
Retained profit - Profit after tax that is 'ploughed back' into the business 
 
Bank overdraft - An agreement between a business and a bank that means a business can spend mor...