B) Long Term Finance
As defined by the Financial Industry Regulatory Authority (FINRA), long-term financing includes any financial instrument having a maturity of more than one year (including bank loans, bonds, leases, and other kinds of debt finance), as well as public and private equity products. Maturity is defined as the period of time that elapses between the date of origination of a financial claim (such as a loan, bond, or other financial instrument) and the day on which the remaining principle and interest are due to be paid, whichever comes first. An equity investment, which has no set end date for the repayment of its principle, may be thought of as an instrument having a non-finite maturity.
Do'stlaringiz bilan baham: |