Funding Glossary
Understand key finance terms you may come across during 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
- Crowd sourcing
- Credit
- Credit bureaus
- Credit committee
- Credit indemnity
- Credit information ombudsman
- Credit rating
- Credit record
- Creditor
- Creditors' age analysis
- Creditworthiness
- 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
- Vetting
- Viability
- Venture capitalists
- Working capital
- Written consent