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The market where investment instruments like bonds, equities and mortgages are traded is known as the capital market. The primal role of this market is to make investment from investors who have surplus funds to the ones who are running a deficit.

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Union Bridge Company (United States) v. Great Britain Reports of International Arbitral AwardsJanuary 8 1924State ResponsibilityShort Version: The Union Bridge Co., an American firm, contracted with the Orange Free State to supply and deliver material for a steel road bridge. During the voyage from New York to South Africa, a war broke out between Great Britain and the Orange Free State and the material was unloaded at Port Elizabeth. Orange Free State refused to pay and eventually, it lost the war to Great Britain. After several years, the material was transferred to Bloemfontein by t

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