Question

ordinarily debenture are​

Answer 1

• Normally debentures are secured by a mortgage or a charge on the company's assets. However debentures may be issued without any charge on the assets of the company. Such debenture is called 'naked debenture' or 'unsecured debenture'.

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Answer 2

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Normally debentures are secured by a mortgage or a charge on the company's assets. However debentures may be issued without any charge on the assets of the company. Such debenture is called 'naked debenture' or 'unsecured debenture'.

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