Muhasebe
ihrac maliyetleri
İngilizce: flotation costs
Türkçe Tanım
Bir sirketin yeni menkul kiymet ihrac ederken katlandigi aracilik ucretleri, hukuki ve muhasebe masraflari, tescil harclari ve basim giderlerini kapsayan masraflardir. Ihrac maliyetleri ihracinin elde ettigi net hasilati azaltir ve efektif sermaye maliyetinin hesaplanmasinda dikkate alinir. Daha buyuk duzenleyici ve pazarlama gereksinimleri nedeniyle genellikle ozsermaye ihraclarinda borc araclarina gore daha yuksektir.
English Definition
The expenses incurred by a company when issuing new securities, including underwriting fees, legal and accounting costs, registration fees, and printing expenses. Flotation costs reduce the net proceeds received by the issuer and are factored into the effective cost of capital. These costs are typically higher for equity issuances than for debt instruments due to the greater regulatory and marketing requirements involved.