Difference between revisions of "Capital market"
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| − | + | [[Capital market]] is a financial market for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Capital market]]. Capital markets are the financial markets for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market. |
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Capital market]]s. The financial markets for stocks and for intermediate or long-term debt (one year or longer). The financial markets for stocks and for intermediate- or long-term debt (one year or longer). | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 13:32, 1 November 2019
Capital market is a financial market for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Capital market. Capital markets are the financial markets for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Capital markets. The financial markets for stocks and for intermediate or long-term debt (one year or longer). The financial markets for stocks and for intermediate- or long-term debt (one year or longer).
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
