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Match the term to the definition.


short-term financing



The money needed for the main resources of a business (such as land, buildings, and equipment.
long-term financing

A written description of a business idea and how it will be carried out, including all major business activities.
business plan

The money needed to pay for the current operating activities of a business.
start-up financing

The amount of money needed to open the business.

1 answer

Here are the terms matched to their correct definitions:

  • Short-term financing: The money needed to pay for the current operating activities of a business.

  • Long-term financing: The money needed for the main resources of a business (such as land, buildings, and equipment).

  • Business plan: A written description of a business idea and how it will be carried out, including all major business activities.

  • Start-up financing: The amount of money needed to open the business.