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debt financing

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Financial Dictionary

Debt Financing

When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay principal and interest on the debt.

Investopedia Commentary

The other way of raising capital is to issue shares of stock in a public offering, called equity financing.

Related Links

Bond Basics Tutorial
Debt Reckoning

See also: Bond, Creditor, Debt, Equity Financing, Financing

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Financial Dictionary

debt financing

The acquisition of funds by borrowing. For example, a business may use debt financing to raise funds for constructing a new factory. Corporations find debt financing attractive because the interest paid on borrowed funds is a tax-deductible expense. Compare equity financing.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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