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accounting & finance
long term sources of finance
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Cards (5)
debentures
debt
instrument
not
secured
by
physical assets
/
collateral
backed
by
general
creditworthiness
and
reputation
of issuer
shares
units
of
ownership
interest
in a
corporation
or
financial
asset
that
provide
equal distribution
in
any
profits
,
dividends.
unsecured notes
loan not secured
by
issuer's assets
similar to
debenture
but
offer
higher
rate
of
return
with
less
security
Trusts
fiduciary relationship
where
trustor gives
trustee
right
to
hold
title
to
property
/
assets
for
beneficiary
term deposit?
FIXED
term
deposit
at
financial institution