Funded debt
Funded debt is money borrowed on long term basis (over one year) and repayment includes interest. Such a debt has security in form of promise in case of sale of bonds or in form of assets.
CATEGORIES Economics
TAGS Dr. Bbosa Science
Funded debt is money borrowed on long term basis (over one year) and repayment includes interest. Such a debt has security in form of promise in case of sale of bonds or in form of assets.