To finance an asset is:A) to lend money to buyers so they can improve their portfolios.B) to sell the asset for more than market value.C) to raise money in order to acquire the asset.D) All of these are correct.

Question

Terrence Brown · Accepted Answer

Final Answer : C, Explanation :  Financing an asset means raising money to acquire it, either through loans, selling equity, or other means. Selling an asset for more than market value is not financing it, and lending money specifically for portfolio improvement is a more specific type of financing, not the general definition.

To "finance" an asset is:

A) to lend money to buyers so they can improve their portfolios.
B) to sell the asset for more than market value.
C) to raise money in order to acquire the asset.
D) All of these are correct.

Definitions

Learning Objectives

Learning Objectives

Related questions

To "finance" an asset is:A) to lend money to buyers so they can improve their portfolios.B) to sell the asset for more than market value.C) to raise money in order to acquire the asset.D) All of these are correct.

Definitions

Learning Objectives

Learning Objectives

Related questions

To "finance" an asset is:

A) to lend money to buyers so they can improve their portfolios.
B) to sell the asset for more than market value.
C) to raise money in order to acquire the asset.
D) All of these are correct.