what is a debenture ? what are the types of debentures ?
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Debentures are a debt instrument used by companies and government to issue the loan. ... Companies use debentures when they need to borrow the money at a fixed rate of interest for its expansion. Secured and Unsecured, Registered and Bearer, Convertible and Non-Convertible, First and Second are four types of Debentures.
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☆ Debenture ☆
A long term security yielding a fixed rate of interest, issued by a company and secured against asset.☘️
▪ Types of Debentures:-
> Redeemable and Irredeemable Debentures.
> Convertible and Non-Convertible Debentures
> Fully And Partly Convertible Debentures
> Secured and Unsecured Debentures
> Registered and Unregistered Debentures
I hope its help for you!
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