It's understandable why some individuals might conflate the terms APR and APY. Both are employed in the computation of interest for credit and investment products.
Venture debt financing is a type of financing often used by early-stage companies that are looking to raise capital but do not yet have a proven track record of generating revenue.
The accounting rule known as the "cost principle" states that any assets owned by a company will be valued at their original cost rather than the current market price.