explain debenture...
explain.
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Debentures are an important source of long term and medium term Finance . Debentures holder are the lender of the company . Debentures issued under the seal of the company is a written document of the acceptance of loan .
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Debentures are an important source of long term and medium term Finance . Debentures holder are the lender of the company . Debentures issued under the seal of the company is a written document of the acceptance of loan .
This may help you !
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A debenture is a type of debt instrument that is not secured by physical assets or collateral.Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital.
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