permanent capital

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The group of net assets, including social capital, reserves, and long-term debt (borrowed funds) of a company.

This type of capital is available for a long period of time and allows a company to operate and deal with the financial needs of the company without being immediately enforceable or short term.

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2011 NYU SCHACK Capital Markets Conference - Permanent Capital and Structured Finance Panel

2011 NYU SCHACK Capital Markets Conference - Permanent Capital and Structured Finance Panel