Sort the Financing Instruments by Claim

Sort each instrument by its dominant claim. Hybrids can have debt-like and equity-like features, but place each card where it mainly teaches the claim. Fixed cash claim Residual ownership claim Hybrid or contingent claim Secured term loan with required interest, maturity date, and collateral package Asset-based revolver tied to receivables and inventory borrowing base Senior unsecured notes with coupon, maturity, and bondholder ranking Common equity issued to investors with residual upside and voting rights Retained earnings used to fund growth without issuing a new outside claim Convertible note with interest, maturity, discount, and conversion into the next equity round Preferred…

Sign up free — one personalized lesson every day, matched to your role and goals.

Already have an account? Sign in