The sources of long-term capital of a corripany. A cqmpany’s capita! structure is deterrnined by the numbers and types of shares it issues and its reliance on fixed-interest debt. A company’s choice between different sources of finance will be cletermined by their cost, the type of business it is, its past and expected future eamings, taxation and other considerations.
Reference: The Penguin Business Dictionary, 3rd edt.