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


Please Help Members By Posting Answers For Below Questions

What is micro financing?

632


What is credit card?

614


Walk me through a DCF…

712


What might cause recession?

676


What is a cash flow statement? How is it different from a funds flow statement?

623






Explain the difference between accretion and amortization?

578


What is the term given to people who trade in derivatives?

641


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

1793


Can I Get A Credit Card After Bankruptcy?

639


What is 'stagflation'?

638


What do you mean by return on assets?

598


What is Basel I?

737


Why convertible securities are more attractive to investors?

615


How Does Bankruptcy Help Me In The Short Run?

631


What are your views on Kashmir issue?

630