refers to withdrawable share capital; a form of share capital unique to co-operative, community and charitable benefit societies. Investors are able to take their money out (subject to any conditions) but the shares are not transferable to another person.
the principal investor in a fund or project whose commitment to invest may give confidence to others to invest.
is a way of raising finance (donations/grant, equity or debt) from a 'crowd' of people - typically using an online platform. Equity or debt raised using crowdfunding is repayable on an agreed basis with the individual investors, usually with interest on top.
the terms of a grant that describe the circumstances in which you’d need to repay the money.
investment with the expectation of repayment (usually with interest). Debt finance usually takes the form of loans, both secured and unsecured, as well as overdrafts and standby facilities or standby facilities (e.g. bonds or loan notes). Generally, debt financing requires a borrower to repay the amount borrowed along with some form of interest, and sometimes an arrangement or other fee.
a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
investment in exchange for a stake in an organisation, usually in the form of shares. Each share represents ownership of a proportion of the value of the company and typically provides the shareholder with voting and dividend rights. Equity finance is permanently invested in the organisation which has no legal obligation to repay the amount invested or to pay interest.
is essentially a type of debt structured to act like equity where the organisation's governance is not structured to be able to issue shares.
an arrangement whereby a lender provides monies to a borrower. "Facility" is often used interchangeably with the term "loan".
the monetary surplus generated by an organisation on an investment. It may be expressed as "not" (i.e. after deducting all expenses from the gross income generated by the investment) or "gross".