21) Long Term Sources Of Finance Flashcards
1
Q
Long term sources of finance
A
Owners personal finance
Share issues
Debenture
Mortgage
2
Q
Owners personal finance
A
Personal savings
Risk for those involved
3
Q
Share issue
A
Public limited companies
Shareholders receive annual dividend
4
Q
Debenture
A
Public limited companies
Long term loan
Interest
5
Q
Mortgage
A
Long term loan is secured against title deeds for land or buildings
Mortgage provider owns land until repaid
Interest