I need a good explanation (for someone without any background in finance) for the following slides:

Equity and debt capital Debt Debt oners have no ownership in company No entrepreneural risk OF APPLIED S Equity owner is owner of the Entrepreneural capital (risk Make corporate decisions . No operative decisions Equity and Debt Capital Interest payments indepent of . Contingent claim: depending company on success of operative business (state of the world) -Residual dlaim: whatever Claims are senior to equity dlaims remains after debtors have been paid Infinite time horizon Prof. Dr. Christian Rieck Debt capital has finite maturity vgl. RV 379 J EY Examples for debt and equity capital Debt capital features Debt capital Maturity - Interest -Bank loan -Bond -Interest rate - Interest rate changes (fix, variabel, floating) - Interest paymets .Equity capital - All private funds of the partners - All shares in a limited company (GmbH-Antele) - Shares (ordinary shares, common shares) Zero bond Regular bond Mezzanine capital, hybrid capital - Preferred share/stock (Vorzugsaktien)-nonvoting shares - At maturity (endtalig) - Payments -Random amortizatior - Grace period -Currency . Junior I senior debt - Junk-bonds, non-investment grade bonds