A case study for a dry bulk shipping company
Master Thesis
Συγγραφέας
Βένιου, Μαργαρίτα
Ημερομηνία
2007-12-07Προβολή/ Άνοιγμα
Θεματική επικεφαλίδα
Bulk carrier cargo ships ; ΝαυτιλίαΠερίληψη
Capital markets are the complex of institutions and mechanisms through which intermediate-term funds (loan of up to ten years maturity for example) and long-term funds (longer-maturity loans and corporate stocks) are pooled and made available to business, governments, and individuals, and instruments already outstanding are transferred. As in the case of the money market, the capital markets are local, regional and national in scope. Because they deal with instruments representing longer-term funds, the capital markets involve capital in the economic sense. Funds rose through debt instruments by business and individuals are invested in fixed assets and inventories. Admittedly, the proceeds of government bonds and corporate shares are used to finance a variety of expenditures and types of assets. This usage of terms in turn suggests a distinction between the capital markets, or markets for longer-term funds, and the money market for short-term funds (obligations with a year or less to maturity).