Accountancy, asked by Talib1646, 10 months ago

Difference between debenture and debenture stock?

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Answered by zariathegreat

Answer:

Debentures should not be confused with debenture stocks, which are an equity security that act much more like a preferred stock than a bond. ... Debenture stocks are an equity security, not a loan. This means debenture stockholders are put in position behind debentures and all other forms of debt for liquidation purposes.

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