Capital Market - Financial Markets
These are markets for long term funds along with maturity time of more than one year. As like of financial instruments required here are debentures, loans, terms, bonds, warrants, ordinary shares, preference shares and so on.
The capital market serves like a manner of allocating the available capital to the most capable users. Capital market financial institution involves as:
1. Stock exchange
2. Improvement bank
3. Building societies
4. Hire purchase companies
5. Leasing firms