Question

answer in briefdefine debenture and explain the type of debenture​

Answer 1

Answer:

Debentures are a debt instrument used by companies and government to issue the loan.

the types of debenture are:-

• Secured and Unsecured,
• Registered and Bearer,
• Convertible and Non-Convertible,
• First and Second 

Answer 2

Answer:

In simple term a debenture is an instrument of credit issued by a company to acknowledge its debt/loan to debenture holder upto a certain sum of money under certain terms and conditions. ... They are secured by some charge on the assets or property of the company. The charge may be either fixed charge or floating charge.

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