EQUITY CAPITAL Definition

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EQUITY CAPITAL is a form of financing where equity in a business is sold to private investors.

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DIRECTORS REPORT is written by the Directors of a company and forms part of the companys financial statements. This report must support and elaborate on the information contained in the Income Statement, Balance Sheet and Source and Application of Funds Statement.

GUARANTOR, in finance, is a person that promises to pay back a loan if the original borrower does not make payment.

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