explain debenture......
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Explanation:
A debenture is a type of debt instrument that is not secured by collateral and usually has a term greater than 10 years. Debentures are backed only by the creditworthiness and reputation of the issuer. Both corporations and governments frequently issue debentures to raise capital or funds
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Here you go!!
is a type of debt instrument issued by a company to meet their business needs/requirements.
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