Home > Term: borrowed capital
borrowed capital
The part of a company's capital employed that is (1) not equity capital, (2) earns a fixed rate of interest instead of dividends, and (3) must be repaid within a specified period, irrespective of the company's financial position.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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