Finance Flashcards
1
Q
What is a grant?
A
An amount of cash given to a company by the EU or a County Enterprise Board
2
Q
What is sale and leaseback?
A
When a company sells an asset and leases it back from the buyer
3
Q
What is collateral?
A
Something of value that the bank will take if you don’t pay back your loan.
4
Q
Who are entrepreneurs?
A
Entrepreneurs are people who set up their own business
