3.1 Introduction to finance
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4 Terms
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Capital Expenditure
Money spend to acquire fixed assets in a business.
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Revenue Expenditure
Money used in the day-to-day running of a business.
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Fixed assets
Assets that will last for more than a year and be used over and over again. Needed for the purpose of generating ioncome for the business over the longer term.
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Collateral
In the acquisition of a fixed assets, financial institutions may demand some form of financial security pledged for repayment.
Note 
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