Financial slack: Difference between revisions
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imported>Doug Williamson (Create the page. Source ACT CertCFF 3.2.1 Capital structure, p7, section 4.2.) |
imported>Doug Williamson (Aligned with course materials - added link to headroom) |
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== See also == | == See also == | ||
*[[Debt capacity]] | *[[Debt capacity]] | ||
*[[Headroom]] |
Revision as of 13:15, 15 July 2015
A condition of retaining spare unused debt capacity in order to take advantage of opportunities, or respond to threats, as they arise.