CH 6 Flashcards
What is finance?
What can finance be used for?
What are the three questions an entrepreneur should answer before collecting finance?
What are the categories sources of finance can be classified into?
What are the sources of external financing available to an entrepreneur?
What is financial intermediation?
Explain capital markets?
Why are capital markets the most important source of raising finance?
What are primary markets - also give another name for primary markets.
What are initial issues?
Name and explain the methods of floatation of new issues/initial issues
For what purposes can capital raised from initial or new issues be used?
What are the advantages and disadvantages to public issues?
What is secondary market?
Define an IPO?