21) Long Term Sources Of Finance Flashcards

1
Q

Long term sources of finance

A

Owners personal finance
Share issues
Debenture
Mortgage

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2
Q

Owners personal finance

A

Personal savings

Risk for those involved

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3
Q

Share issue

A

Public limited companies

Shareholders receive annual dividend

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4
Q

Debenture

A

Public limited companies

Long term loan

Interest

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5
Q

Mortgage

A

Long term loan is secured against title deeds for land or buildings

Mortgage provider owns land until repaid

Interest

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