Tag: advantages & disadvantages
Holding company: Meaning, types, advantages & disadvantages
A holding company naturally lives for one objective, which is governing or overseeing different companies. Properties such as patents, real estate, inventories, and different investments may be possessed by holding companies. Holding companies are financial institutions that possess a controlling interest in different companies, which are termed subsidiaries or subsidiaries. The holding company plays a …
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Consortium: Meaning, types, advantages & disadvantages
What is a Consortium A consortium is a short-term alliance between non-competing, self-reliant parties. These companies and organizations work together to complete a single project as a “consortia.” Consortiums, also known as syndicates, are a type of legal entity in Nigeria governed by the provisions of the Companies and Allied Matters Act 2020. The entities …
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Debentures: Meaning, types, advantages & disadvantages
What is a debenture? A debenture is a sort of bond or other obligation instrument that is unstable by guarantee. Debentures may be secured with collateral or not, when secured, they can also be floating or fixed. Debentures are frequently issued by governments and corporations to raise funds or capital. A debenture is a type …
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