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Sources Of Business Finance

Question

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Give meaning of medium-term finance.

Solution

Medium-term finance consists of the period between 2 to 5 years (depending upon nature and size of enterprise).

Some More Questions From Sources of Business Finance Chapter

Give meaning of fixed capital.

Give meaning of working capital.

Give types of working capital.

Give meaning of owner’s capital.

Give meaning of borrowed capital.

Give meaning of long-term finance.

Give meaning of medium-term finance.

Give meaning of short-term finance.

Define shares.

Give the types of shares.

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