Accountancy, asked by sahujinihals, 3 months ago

mortgage debenture are called secured debenture

Answers

Answered by jaya975

1

Answer:

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Explanation:

Secured debentures are also termed as mortgage debentures. These debentures have some asset of the company as collateral security. Since the applicant's investment is protected against the asset of the company, it is called as a secured debenture. ... These debentures are issued solely on the credibility of the issuer.

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