Funded Debt.

Funded debt is the portion of a corporation’s total debt that is backed by assets. In other words, it is debt that can be repaid through the sale of assets. This type of debt is generally considered to be more secure than unsecured debt, which is not backed by assets. A corporation’s funded debt can … Read more

Offering Circular Definition.

An offering circular is a legal document that is issued by a company in order to sell securities to the public. The circular must contain certain information about the company and the securities being offered, as well as the risks involved in investing. The term “offering circular” is also used to refer to the process … Read more