what do you mean by unsecured debenture
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Hyyy dear I think short term debentures are unsecured debentures...
But mostly we use unsecured word with loans and debenture is also a loan.
Hope it will help you...
But mostly we use unsecured word with loans and debenture is also a loan.
Hope it will help you...
Answered by
5
Hey!!!!
Ur answer goes like this :-
● ● UNSECURED DEBENTURE ● ●
••••••••••••••••••••••••••••••••••••••
Unsecured debentures are debentures that are not supported by a collateral security. No specific assets will be set aside against unsecured debentures. It is basically a loan with out any protection. They are backed only by the general credit worthiness of the issuer.
••••••••••••••••••••••••••••••••••••••
HOPE YOU GOT THE ANSWER
PLZZZ MARK AS BRAINLIEST IF THIS HELPS U OTHERWISE NO NEED
Thank you
#NaVila11
Ur answer goes like this :-
● ● UNSECURED DEBENTURE ● ●
••••••••••••••••••••••••••••••••••••••
Unsecured debentures are debentures that are not supported by a collateral security. No specific assets will be set aside against unsecured debentures. It is basically a loan with out any protection. They are backed only by the general credit worthiness of the issuer.
••••••••••••••••••••••••••••••••••••••
HOPE YOU GOT THE ANSWER
PLZZZ MARK AS BRAINLIEST IF THIS HELPS U OTHERWISE NO NEED
Thank you
#NaVila11
KINGutkarsh:
and what is secure debenture
thnx 4 marking
And
SECURED DEBENTURE IS One when the debenture is secured by the charge on some asset or set of assets which is known as secured or mortgage debenture .
hope u undrstnd
ok
yupzz
Unsecured debentures are NOT PERMITEED to be issued by the way, as per the Indian Companies Act 1956
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