| A | B |
|---|
| Mortgage | Loan to buy property |
| Cash Flow | Money available for everyday trading |
| Budget | Financial target to work towards |
| Profit | Total revenue - Total Costs |
| Contribution | Money used to pay fixed costs |
| Fixed Cost | Costs which remain the same regardless of output levels |
| Break even | Level of output where costs and revenue are the same |
| Credit | have now pay later |
| Loss | A negative outflow resulting from business activities |
| Liabilities | Money owed by the business |
| Assets | What is owned by the business |
| Capital | Money owed by the business to owner(s) |
