Term

fixed assets

Definition

assets expected to be used for more than one year

Term

equity: raising money from investors; going public; retained earnings debt: banks; bond market

Definition

how to pay for fixed assets

Term

- creditors don't own the firm or have any voting rights - company under legal obligation to pay creditors principal and interest - interest is cost of doing business ; tax deductible - too much of it increases risk of financial distress and bankruptcy

Definition

all about debt