Question

The debentures which are converted in to shares. Answer in a word / phrase / term.

Answer 1

Hey mate✌️✌️

The debentures which are converted in to shares⤵️⤵️⤵️⤵️⤵️⤵️


Convertible Debentures.

Answer 2

• The debentures which are converted into shares is called 'Convertible Debenture'.

• Convertible debentures are long-term debts that are issued by the companies.

• Long-term debts are converted into shares or stocks after a specific time.

• Mainly the debentures come with a fixed profit rate.

• Convertible debentures gives security for longterm debts and pay profit refunds to the shareholders.