Sunday, 29 March 2020

What is financing? pls explain as much as possible?

Zulema Baccam: borrowing

Mee Blumenfeld: Financing something means you are securing the necessary funds to buy something or to perform some task or operation. You can finance a car by getting an auto loan. You can finance a new school by issuing bonds. You can finance a new manufacturing plant by selling stock.

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