CBSE BOARD XII, asked by bablesunaina, 1 year ago

define bonds.
And deference between debentures and bonds.

Answers

Answered by sssrohit005p4c0ey
0
A debenture is a debt security issued by a corporation that is not secured by specific assets, but rather by the general credit of the corporation. Stated assets secure a corporatebond, unlike a debenture, but in India these are used interchangeably. Bondsare lOUs between a borrower and a lender.
Answered by Rohitgahlawat
1
A debenture is a debt security issued by a corporation that is not secured by specific assets, but rather by the general credit ofthe corporation. Stated assets secure a corporate bond, unlike a debenture, but in India these are used interchangeably.Bonds are lOUs between a borrower and a lender.

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