English, asked by javedakhtar4603, 1 year ago

Reference of debentures

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Answered by jhaShivani
0
hey friend here is your answer

In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note.

hope it help you my friend ^_^
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