what do understand by the term debentures
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The definition of a debenture is a long-term bond issued by a company, or an unsecured loan that a company issues without a pledge of assets. An interest-bearing bond issued by a power company is an example of a debenture.
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Debentures is a long term bond issued by a company, or an unsecured that a company issues without a pledge of assets. An interest eating bond issued by a power campany is an example of debentures.
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