key words - page 3 Flashcards
(5 cards)
1
Q
Borrow
A
Money (short term loan/overdraft) to cover any cash shortage.
2
Q
Cut Down
A
On planned expenditure (non essential items).
3
Q
Defer Payments
A
To creditors.
Defer Payments is delaying a payment.
4
Q
Earn Extra Income
A
To make up any cash shortfall
5
Q
Fixed Asset
A
Sale and leaseback of assets