long term sources of finance - public company

Cards (8)

  • lsit?
    equity
    long term loans
    leasing
    hire purchase
    debentures
    unsecured notes
    convertible notes
  • equity?
    capital contributions by owner as well as issuing of shares
  • long term loan?
    loan of 5 years or more from bank or other financial institution (merchant bank)
  • leasing?
    user has all rights to property but asset ownership remains legally with funds provider
  • hire-purchase?
    similar to lease but ownership of property passed to user at end of hire purchase period
  • debentures?
    loan security issued by public companies to general public in exchange for cash
  • unsecured notes?
    same as debentures but offer no security
  • convertible notes?
    loan security with fix interest rate
    • loan can be swapped for shares at maturity