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What is meant by "Quasi Capital" ?

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/24
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

A category of debt taken on by a company that has some traits of equity, such as having flexible repayment options or being unsecured. Examples of quasi-equity include mezzanine debt and subordinated debt.

A Quasi Capital also known as Quasi Equity refers to a debt which is having some characteristics of equity. The characteristics can be flexible payment options or riskiness of returns.

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