pure debt


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pure debt

An obligation to repay money,but without any sharing of profits or increases in value. Most mortgages are pure debt;the lender does not own any part of the property nor does the lender receive any profits from the property.
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The financing received under this pure debt credit line is secured by certain ERF Wireless assets and there is no prepayment penalty, the company said.
26, the payoff for the general capital structure case has a similar shape to that of the pure debt and equity case.
Lending under corporate finance ranges from pure debt products such as short to long term debt and trade related financing.
If Singh is not convinced about buying pure debt instruments, he could choose balanced funds, such as HDFC Prudence, which offer a mix of equity and debt.