| 单词 | loan capital |
| 释义 | loan capital loan capital(borrowed capital; debt capital) Capital used to finance an organization that is subject to payment of interest over the life of the loan, at the end of which the loan is normally repaid. There are different categories of loan capital: mortgage debentures are secured on specific assets of the organization, while convertible debentures may be converted into equity according to the terms of the issue. |
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