A type of long-term financing used by both corporations and government entities is

Question

Quizplus · Accepted Answer

Bonds are a type of long-term financing that both corporations and government entities use. Bonds typically have a fixed interest rate and are repaid over a set period of time, usually ranging from a few years to several decades. Investors purchase bonds from the issuer and receive periodic interest payments and repayment of the principal amount at maturity.

A Type of Long-Term Financing Used by Both Corporations and Government