key words - page 3 Flashcards

1
Q

Borrow

A

Money (short term loan/overdraft) to cover any cash shortage.

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2
Q

Cut Down

A

On planned expenditure (non essential items).

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3
Q

Defer Payments

A

To creditors.

Defer Payments is delaying a payment.

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4
Q

Earn Extra Income

A

To make up any cash shortfall

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5
Q

Fixed Asset

A

Sale and leaseback of assets

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