Accountancy, asked by Priyadarshani, 1 year ago

can 'Securitise premium ' be used as working capital? AND Give the meaning of Bond.

Answers

Answered by sabicoolz

No, it cannot be used as working capital. The bond is a debt investment in which an investor loans money to an entity which borrows the funds for a defined period of time at a variable or fixed interest rate .

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