hi all, i am having a doubt while studying chapter 04 of CT2 i came across loan capital .it is specfied over there that long term loans are reffered as "stocks" but in wikipedia shares are treated as "stocks" and in general also we know shares as "stocks" and alsoall loans are treated as "bonds"in wikipedia why such a confusion . regards.
thats the wonder of CT2 and the distinguishment between the UK and USA "english" you will learn to love it like a child you didnt want...
