Course glossary

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Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.


Browse the glossary using this index

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B

Break-even point

The point in time when you will have paid back all your debts, or when revenues exactly match expenses.

Bridging loan

This loan is taken out by people who need access to finance while their property is being sold.

Business angel

Also known as an angel investor. An individual who provides capital for a business start-up in return for a stake in the company.

Business cycle

The tendency for economies to experience peaks and troughs that follows a cyclical pattern – known colloquially as ‘boom and bust’. Governments are tasked with smoothing the peaks and troughs and limiting the effect of these cycles on consumers and businesses.

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