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Self-Financing |
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Self-Financing The act or practice of using one's own capital to provide funding for a project or company. Self-financing allows the creator of the project or company to maintain control apart from outside influence. It also allows the project or company to grow without debt. It is famously said that Ross Perot established Electronic Data Systems with $1,000 in personal savings. This is an example of self-financing. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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