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3.1 Glossary of key term

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  • Unit 3 - Finance/
  • 3.1 Introduction to finance/
  • 3.1 Glossary of key term

Unit 3.1 Glossary of key terms - Introduction to finance

Key term

Definition

Capital expenditure

Refers to business spending on fixed assets or capital equipment of a business.

Finance

Refers to the various available money that an organization has to fund its business activities.

Revenue expenditure

Refers to business spending on its everyday and regular operations.

Return to the Unit 3.1 - Introduction to finance homepage

Return to the Unit 3 - Finance and Accounts homepage