Ch 25 - Key terms

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  • Created by: angus f.v
  • Created on: 25-11-14 14:52
Hire purchase
Buying specific goods with a loan, often provided by a fiance house
1 of 4
Leasing
Renting or hiring equipment or property
2 of 4
Retained profit
The profit held by a business rather then returning it to the owner
3 of 4
Short-term finace
Money borrowed for one year or less
4 of 4

Other cards in this set

Card 2

Front

Renting or hiring equipment or property

Back

Leasing

Card 3

Front

The profit held by a business rather then returning it to the owner

Back

Preview of the back of card 3

Card 4

Front

Money borrowed for one year or less

Back

Preview of the back of card 4

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