Business Cycle
A business cycle is a period of time (usually a year) where the business activities will fluctuate and form a pattern.
Business Entity
A business which exists and operates independent from its owners is a business entity.
Capital
Capital is the amount of finance provided for the purpose of acquiring assets for the business.
Capital Expenditure
Capital expenditure is spending on assets of a business that are classed as fixed assets for accounting purposes (such as machinery).
Cash Flow Forecasts
Cash flow forecasts are statements of cash expected to flow into the business and cash expected to flow out over a particular period.
Cash Flow Insolvency
Cash flow insolvency is where an individual or company has assets but they are tied up and cannot be used to pay a debt. An example will be where there is equity in a building, but this cannot be released to pay a debt.
CBILS
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.
Charging Order
When a creditor has a court order against you, they can apply for a charging order that secures the debt against an owned property.
Chattel Assets
Chattel assets are tangible, movable asset (examples are plant and machinery, a painting, a vehicle and goods).
Code of Ethics
The Code of Ethics are the principles and standards set by a regulatory or professional establishment, for members to follow and observe.