Depreciation is a method in accountancy of sharing out the cost of an asset over its expected or useful life. Another way of understanding this is to think of it as showing how much of the value of an asset has already been used.
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Working capital is what’s left when the sum of a company's current liabilities (including accounts payable to it by customers or clients) is deducted from its total current assets.
Bridging Finance is a short-term loan used in the property sector that allows borrowers to immediately access finance.
An operating lease is a type of lease in which one party (known as the lessee) rents an asset from another party (called the lessor). During the lease period, the lessor retains ownership of the asset.
Both secured and unsecured loans are common in the world of business. They’re taken out by businesses of all sizes for a variety of purposes, from paying operational expenses to financing new locations, product development, advertising campaigns and more.