Business GCSE
External sources of finance
What External sources of finance means in Business GCSE, as defined for AQA.
Definition of External sources of finance
Check what you remember
Read the wording for your board, then hide it and explain External sources of finance in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Finance that comes from outside the business, such as family and friends, a new share issue, a loan or mortgage, overdrafts, trade credit, hire purchase and government grants.
Topics that use External sources of finance
- Sources of finance (AQA GCSE)
Related terms
- Application to context
- Cash Flow
- Dividends
- External finance
- Internal versus external sources of finance
- Retained profit
- Risk and cash-flow pressure
- Short-term finance
Using External sources of finance in the exam
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