what is debenture and kinds of debenture?
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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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● 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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