Accountancy, asked by PragyaTbia, 1 year ago

The debentures which are not converted into shares. Answer in a word / phrase / term.

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Answered by Anonymous
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The debentures which are not converted into shares.⤵️⤵️⤵️⤵️⤵️

Non convertible Debentures.
Answered by Anonymous
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The debentures that can not be converted into shares are known as the non convertible debentures.

  • Non-convertible debentures (NCDs) are a financial tool used by companies to collect long-term assets which is achieved by means of a public issue.
  • NCDs are a borrowing instrument with a set term, and people who invest in them earn a certain amount of daily interest.
  • An NCD is a type of loan issued by a business that can not be converted into equity. By fact, they are higher risk than a bank's fixed deposits, as they run the risk of the issuer's default on repayments.
  • Secured NCDs are healthier than unsecured ones, but they also provide higher returns
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