Dictionary

Finance terminology you may encounter on your funding journey

• Accounts receivable
• Accrue
• Acquisition
• Affordability
• Affordability test
• AltX
• Angel investors
• Appraisal
• Asset
• Asset finance
• Assets and liabilities
• Astronomically expensive
• Attach and sell
• Auctioning an asset
• Bankruptcy
• Basis point
• BEE
• Blacklisted
• Bond
• Book value
• Bootstrapping
• Borrower
• Bridging finance
• Capital amount
• Capital gains tax
• Capitalists
• Cede/ceded
• Cession
• Chicken and egg
• CIPC
• CIPRO
• Clause
• Collateral
• Collateral value
• Consent
• Contract finance
• Controlling interest
• Conveyancing fees
• Credit
• Credit bureaus
• Credit committee
• Credit indemnity
• Credit information ombudsman
• Credit rating
• Credit record
• Creditor
• Creditors' age analysis
• Creditworthiness
• Crowd sourcing
• Customer deposits
• Debt
• Debt consolidation
• Debtor
• Debtor finance
• Debtors' book
• Default
• Depreciation
• Disposable income
• Disruptive products
• Distress funding
• Draw-down
• Due diligence
• Economic indicators
• Economic recession
• Economically viable
• Eligibility requirements
• Empowerdex
• Endowment insurance policies
• Equity
• Equity finance
• Erratic
• Exchange control
• Excussion
• Export
• Export credit guarantee
• Face value
• Factoring
• Fair market value
• Financial statements
• Fixed interest rate
• Forced sale
• Forecast
• Future order book
• Garnishee order
• Gearing
• Going concerns
• Guarantor
• Impact Investing
• Indemnity
• In-kind contributions
• Insurance policy
• Interest
• Interest rate
• Invariably
• Invoice discounting
• Joint liability
• JSE
• Kernel of wisdom
• Khula Credit Guarantee
• Knowledge economy
• Layman
• Lender
• Lending criteria
• Lending transaction
• Letter of credit
• Letter of intent
• Leverage
• Liable
• LIBOR
• Lien
• Lines of credit
• Liquidation
• Loan
• Loan guarantees
• Mezzanine finance
• Minimum volume criteria
• Mitigate
• Monitoring and evaluation
• Nest egg
• Niche
• Overdraft
• Owner's loan
• Persistent
• Personal credit
• Personal surety
• Pessimistic
• Preconceived
• Preference share
• Preferential interest rates
• Premium
• Prime rate
• Prime-linked
• Principal amount
• Principal debtor
• Proceeds
• Purchasing power
• Quasi-equity
• Raising fee
• Reconciliation
• Recoup
• Recurring monthly minimum invoice discounting volumes
• Rehabilitation
• Renege
• Repayment period
• Resale value
• Retirement annuities
• Return on investment
• Revolving credit
• Scalable
• Seed funding
• SEFA
• Seller finance
• Sequester
• Series A
• Severally liable
• Shareholder
• Social Enterprise Funding
• Stock
• Stock valuation
• Subsidy
• Supplier credit
• Surety
• Surplus
• Surrender value
• SWOT
• Tax incentive
• Term loan
• Trace alerts
• Track record
• Trade references
• Trading history
• Tranche
• Turnover
• UIF
• Under capitalised
• Undue prejudice
• Unencumbered
• Unsecured lending
• Unsecured loan
• Venture capitalists
• Vetting
• Viability
• Working capital
• Written consent