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As a seed germinates,its shoot points upward toward light,and its roots grows downward into the soil.Turn the plant sideways,and the stem and roots bend according to the new direction of gravity.How do roots respond to gravity?
Financial Liabilities
Obligations that require an entity to pay money or deliver financial assets to another party in the future, which can arise from borrowing, purchasing goods or services on credit, or issuing bonds.
Bank Overdraft
A facility allowing an entity to withdraw more money from a bank account than has been deposited, within a previously agreed limit.
Unsecured Convertible Notes
Debt instruments that can be converted into a predetermined amount of the issuer's equity and do not have collateral backing.
Debentures Issued
Long-term securities issued by a company to raise capital, backed only by the general creditworthiness and reputation of the issuer.
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