Question

_________________

define the term Debentures ....
_________________​

Answer 1

Explanation:

In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest.

Answer 2

a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.

NORTH AMERICAN

an unsecured loan certificate issued by a company.

noun: debenture bond; plural noun: debenture bonds