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insurance to cover loss of profits incurred by the policyholder in the event of some calamity overtaking the policyholder’s business, so that trading has to cease.

money lent at interest. A lender makes a "loan" with the idea that it will be paid back as agreed and that interest will be paid for the use of [...]

a comparison of two accounts in a Balance Sheet, current assets divided by current liabilities.

a qualified person appointed by a court to close down a business that is a proprietary company and realise and distribute its assets in payment of its liabilities.

to settle a debt or to convert to cash. This literally means to do away with.

a legal partnership where some owners are allowed to assume responsibility only up to the amount invested.

an owner who allows his/her land, buildings, plant or equipment to be used under a lease contract.

a person who enters into a lease contract as the user of the land, buildings, plant or equipment.

a method of acquiring business equipment without capital outlay. the bank or finance company buys the equipment and leases it to the customer, in return for regular rental payments for [...]

a legal contract covering the possession and use of property, plant or equipment between the owner (lessor) and another person (lessee) at a given rent, for a stated length of [...]