"Repayable" Quotes from Famous Books
 ... system has grown up by which the capital of companies is subdivided into securities that rank ahead of one another. Companies issue debts, like public bodies, in the shape of bonds or debenture stocks, which entitle the holders of them to a stated rate of interest, and no more, and are often repayable at a due date, by drawings or otherwise. These are the first charge on the concern after wages and other working expenses have been paid, and the shareholders do not get any profit until the interest ...
— International Finance • Hartley Withers |
