Accountancy, asked by PragyaTbia, 1 year ago

The debentures which are transferred by way of delivery. Answer in a word / phrase / term.

Answers

Answered by Anonymous
0
Hey mate✌️✌️


The debentures which are transferred by way of delivery.⤵️⤵️⤵️⤵️


Bearer Debenture.
Answered by orangesquirrel
0

The debentures which are transferred by way of delivery are bearer debentures.

* Such debentures are to be paid to the bearer( the holder of the debentures).

* There is a system of coupons associated with such debentures, using which interests are paid.

* These are issued by a company and are unsecured, mainly done to raise capital and funds.

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