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What is the meaning of short term finance and long term finance?

Posted by Kritika Jain 3 years, 7 months ago

CBSE > Class 11 > Business Studies

1 answers

Sia ? 3 years, 7 months ago

Long term sources: Equity shares, Retained profits, Preference shares, Debentures, loans from financial institutions, a loan from the bank.
Short term sources: Trade credit, Factoring, Banks, Commercial papers, Customer advances.

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