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Classification of Development Finance

  • Chapter
Property Development

Part of the book series: Macmillan Building and Surveying Series ((BASS))

  • 58 Accesses

Abstract

The cash flow approach to the firm and the balance sheet model will be discussed in Chapter 10. These approaches, besides looking at the application of company funds for the purchase of assets, also differentiate between the sources of the funds, in particular the difference between long-term debt and shareholders’ equity in the firm. An understanding of the difference between equity and debt is fundamental to an understanding of how finance works. The structure of finance can analysed in two different ways:

  • Debt v. equity.

  • Project v. corporate funding.

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Author information

Authors and Affiliations

  1. University of Greenwich, UK

    David Isaac (Professor of Real Estate Management, Head of Property Land Management)

Authors
  1. David Isaac
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Copyright information

© 1996 David Isaac

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Cite this chapter

Isaac, D. (1996). Classification of Development Finance. In: Property Development. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13902-6_8

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  • DOI: https://doi.org/10.1007/978-1-349-13902-6_8

  • Publisher Name: Palgrave, London

  • Print ISBN: 978-0-333-64690-8

  • Online ISBN: 978-1-349-13902-6

  • eBook Packages: EngineeringEngineering (R0)

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