Accountancy, asked by AnirudhSinghrawat941, 20 days ago

State the meaning of Debenture issued as a collaterial security​

Answers

Answered by srishanth30
0

Debentures issued as collateral security is secondary or parallel security for the original loan taken by the company. The lender can realize the collateral security in case borrower fails to make the payment of the original loan.

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