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den301095 [7]
3 years ago
6

If you open a business, which source of fund/capital will you choose? Why?

English
1 answer:
enot [183]3 years ago
7 0

Sourcing money may be done for a variety of reasons. Traditional areas of need may be for capital asset acquirement - new machinery or the construction of a new building or depot. The development of new products can be enormously costly and here again capital may be required. Normally, such developments are financed internally, whereas capital for the acquisition of machinery may come from external sources. In this day and age of tight liquidity, many organisations have to look for short term capital in the way of overdraft or loans in order to provide a cash flow cushion. Interest rates can vary from organisation to organisation and also according to purpose.

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The word "ring-giver" is slippery because it does not stick to its logical meaning. Once researched and defined, it is known that a ring-giver is a king or overlord. Not just a king can be called a ring-giver. A person in an administrative position can be referred to as a ring-giver. The thanes who received this award of arm-ring or neck-ring proved their battle-worthiness and were held in high respect by their kinsmen. Therefore the warriors kept close watch of their rewards. After research, one also finds the term "ring-giver" is a kenning; or Anglo - Saxon metaphor.

Ring-giver is an elusive word. Separately, "ring" is defined as an ornamental circular band worn on a finger, and "giver" is defined as to hand over something. Putting those two definitions together, ring-giver implies the act of giving rings. However, this is not at all the case. A ring-giver is a king or overlord. Someone in power is also referred to as being the ring-giver. In the Norton Anthology we read "in heroic poetry at least, a principal form of currency was the gold arm ring; which had the advantage of being valuable, portable and showy; hence the king always being referred to as 'ring-giver.' " (28).

Although it was usually the king who was given the name "ring-giver," anyone in power, could be given the title. In the "Grendel, Beowulf's most famous enemy" site, we see another occurrence of a ring-giver being born: "When the retainers [soldiers] returned from battle, they were expected to turn over their bounty to their chief, who would then redistribute it according to the performance of each retainer during battle. Thus, we often find the dryhten [overlord] being referred to as the 'gold-giver' or 'ring-giver.' Usually the king had the power to distribute bounty or rewards, but here we see that anyone in the leadership position might have been given the illustrious title of "ring-giver."

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Having past the logical meaning of the word "ring-giver," it has been discovered that it means king or overlord. Anyone in power would give out awards ( usually arm-rings or neck-rings) to warriors who proved their valor on the battlefield. Once given these items of great social value as well as great sums of money, the warrior never let them out of their sight. These men also were held in high-esteem by their fellow warriors and civilians. Thus knowing the definition and background of "ring-giver," this term "ring-giver" is a kenning. A kenning is a term that acts as a metaphor.

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