What is the difference between Long term Loan and Debt?
Answer Posted / sonali
Loan are secured by some collateral security or mortgagte.
Many times there are no collateral securities for debts.
At the time of liquidation debentureholders are paid in the
last after settelment of all the creditors.
Is This Answer Correct ? | 10 Yes | 11 No |
Post New Answer View All Answers
What is micro financing?
What is credit card?
Walk me through a DCF…
What might cause recession?
What is a cash flow statement? How is it different from a funds flow statement?
Explain the difference between accretion and amortization?
What is the term given to people who trade in derivatives?
Hi to all Q: how you will evaluate yourself in excel if any the range one is worst and five is excellent. Mail if you know the answer to imaanbalu@gmail.com
Can I Get A Credit Card After Bankruptcy?
What is 'stagflation'?
What do you mean by return on assets?
What is Basel I?
Why convertible securities are more attractive to investors?
How Does Bankruptcy Help Me In The Short Run?
What are your views on Kashmir issue?