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5 Cards in this Set

  • Front
  • Back
adviser
an external contact of a business who provides support and advice, sometime for free
bank loan
a fixed amount loan from a bank which is generally used to finance long-term assets
bank overdraft
borrowings from a bank on a current account which are payable on demand
break-even
the point at which the total sales of a business equal total costs- i.e. the business is making neither a profit nor a less
budget
a detailed plan of income and expenses expected over a certain period of time