Accountancy, asked by gautamipatil80585, 7 months ago

certificate of agreement of loans which is given under the company's stamps and carries an undertaking that it will get a fixed return.

Answers

Answered by Rocked30
0

Answer:

please follow me on brainly

Answered by sushmaa1912
0

It is defined as a certificate of agreement of loans that is given beneath the corporate stamp ANd carries an endeavor that the debenture holder can get a hard and fast come back (fixed on the idea of interest rates) and also the principal quantity whenever the debenture matures.

Explanation:

  • It is defined as a certificate of agreement of loans that is given beneath the corporate stamp ANd carries an endeavor that the debenture holder can get a hard and fast come back (fixed on the idea of interest rates) and also the principal quantity whenever the debenture matures.
  • Debentures vs. Bonds: Debentures and bonds square measure similar except for one distinction bonds are safer.
  • A Loan Agreement can be changed. But a commitment Note cannot be changed.
  • This is the key difference between a Loan Agreement and a certificate of indebtedness.
  • Amendments can be disbursed either through written confirmation or a supplementary agreement.
Similar questions