Long Term Finance

Cards (5)

  • Shares: A certificate providing ownership of shares and entitling the holder to dividends.
  • Mortgages: A loan to buy a property.
  • Loans: Medium or long-finance provided by the bank. Interest is paid on the sum provided.
  • Debentures: A fixed-interest long-term loan to a company repayable at a set date.
  • Sales and leaseback: A way of raising finance by selling property and then taking it back on a long-term basis.