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Flashcards in Unit 3 Deck (4)
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a gift made by an individual or an organization to a non-profit organization, charity, or private foundation


Debt Factoring

a financial arrangement in which a factoring company takes responsibility for collecting money relating to a business's invoices, and immediately pays that business part of the total amount owed on the invoices


Share capital

the part of the capital of a company that comes from the issue of shares.


Retained profits

Is the profit kept in the company rather than paid out to shareholders as a dividend.