A large number of sporting organisations have issued debentures to raise money, to allow their fans to gain a financial stake in the club, to foster a sense of community, and in some cases to fund new construction.
Saturday, October 31, 2015
debenture
In sport, a debenture is defined as a certificate of agreement of loans
which is given under the company's stamp and carries an undertaking
that the debenture holder will get a fixed return (fixed on the basis of
interest rates)
and the principal amount whenever the debenture matures. The terms may
also include ancillary benefits such as an option to buy tickets at a
favourable price, as well as or instead of interest. The term stems from
the financial concept of a debenture.
A large number of sporting organisations have issued debentures to raise money, to allow their fans to gain a financial stake in the club, to foster a sense of community, and in some cases to fund new construction.
A large number of sporting organisations have issued debentures to raise money, to allow their fans to gain a financial stake in the club, to foster a sense of community, and in some cases to fund new construction.
Subscribe to:
Post Comments (Atom)
-
Epigraphy (from the Greek : ἐπιγραφή epi-graphē , literally "on-writing", "inscription") is the study of inscriptions ...
-
A kouros (plural kouroi , Ancient Greek κοῦρος ) is the modern term given to those representations of male youths which first appear i...
No comments:
Post a Comment