Key Terms DECA Crossword

Money sourced from financial institutions, with interest charged on the loan to be repaid
When a lending institution allows a firm to withdraw more money than it currently has in its account
An agreement between businesses that allows for the buyer of goods and services to pay the seller at a later date
Funds usually provided by an agency to businesess that do not neeed to be repaid, usually for a certain purpose
Financial assistance granted by a government, a NGO, or an individual to support the business enterprises that are in the public interest
Money spent to acquire fixed assets in a business
Money used in the day-to-day running of a business
A source of finance for sole traders that comes mostly from their own personal savings
Profit that remains after a business has paid corporation tax to the government and dividends to shareholders
When a business sells off its unwanted or unused assets to raise funds
Money raised from the sale of shares of a limited company
Costs that do not change with the amount of goods or services produced
Costs that change with the number of goods or services produced
Costs comprising both fixed and variable components
Costs that can be identified with the production of specific goods or services