Sources of Business Finance

Business Studies(11th)

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The term 'redeemable' is used for

Preference shares

Commercial paper

Equity shares

Public deposits

Explanation:

The term ‘redeemable’ is related to preference shares. It implies the amount of preference shares which is repaid by a company after a certain specified period of time. Such repayment to preference shareholders is made in accordance with the terms specified in Section 80 of the Companies Act, 1956.

By: santosh

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