[简答题]When your family wants to buy or replace a car, a television, or a washing machine, you find the money either from savings or by borrowing from the bank, a hire-purchase company or perhaps a friend. 21) Similarly, a family buying a house for the first time commonly borrows from a bank.
If you own a private business, a garage, a shop, or a farm, you will need, from time to time, to buy new equipment, new furnishings, or, if you are doing well, new premises so that you can expand. 22) Some of the cost you can meet from the profits you have kept in the business, but often you will need help.
You will go to your bank, to a finance house, or perhaps to a relative or friend for finance provided from his savings. When you borrow money or raise money in this way, you pay it back out of future profits.
Many large businesses, however, need cash for new developments or expansion far in excess of what can be provided from their profits or from private sources of