Economy, asked by doricymaimele, 1 month ago

What is a bank debenter​

Answers

Answered by bhatmadiha02
2

Answer:

A debenture is an instrument used by a lender, such as a bank, when providing capital to companies and individuals. It enables the lender to secure loan repayments against the borrower's assets – even if they default on the payment. A debenture can grant a fixed charge or a floating charge.

Similar questions