Accountancy, asked by PragyaTbia, 1 year ago

The debentures of which payment is made on the expiry of specific period. Answer in a word / phrase / term.

Answers

Answered by Anonymous
0
Hey mate ✌️✌️✌️



The debentures of which payment is made on the expiry of specific period.

ANSWER ⏬⏬

Redeemable Debentures.
Answered by Anonymous
0

The debentures in which the payment is made on the expiry of specific period are known as redeemable debentures.

  • Debentures, on which, as per the terms of the issue, the balance is to be repaid after a specified period of time, are considered as debentures that can be repaid. They can be redeemed only after a defined time has expired.
  • The company is legally obliged to refund the principal amount on that date to the debenture holders.

Similar questions