Unit 3 personal finance Capital income
- Created by: Charlie_elizabeth
- Created on: 08-05-17 09:06
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- types of income
- Capital income
- money invested by the owners or other investors to set up a buisness
- Loans
- an amount of money that is lent to a business from a bank to help start up.
- MUST be paid back by a certain date
- Mortgages
- similar to a bank loan but tends to be a larger sum of money for a longer period of time
- Shares
- shareholders normal get voting rights and the more shares they own the bigger their influence
- Owners capital
- money invested from the personal savings
- Capital income
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