1. Soft Skills Courses
  2. ECO-01
  3. Unit-6
unit-6-sources-of-long-term-finance-and-underwriting

Unit-6 Sources Of Long-Term Finance And Underwriting

In this unit we shall examine in detail the nature and importance of long-term finance.

Briefly explain the meaning of:

(a) Money Market, (b) Capital Market. and (c) New Issue Market.




< Back To All Answers

Answer

{{currentAnswer.user.userName}}

Written on {{ansDate()}}

{{trustHtmlContent(currentAnswer.answerContent)}}

Learning Pundits Content Team

Written on Apr 15, 2019 6:17:27 PM

Money Market:   Market for short-term capital involving borrowing and lending of money for short periods.

Capital Market:   The transactions through which long-term funds are procured by companies and supplied by investors. This is the market for long-term capital.

New Issue Market: Arrangements which facilitate issue of shares and debentures by companies.