Prior charge capital

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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July 9, 2018 at 11:41 am #461405
lavenite
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Hello Mr. Moffat,

In several questions involving prior charge capital, I sometimes see overdraft & short-term loans being excluded from the calculation of prior charge capital. Is there something I’m missing out since isn’t it technically part of prior charge capital?

Thank you for your time!
July 9, 2018 at 4:07 pm #461422
John Moffat
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Prior charge capital is referring to long-term capital, which does not include short-term borrowings.
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