Accountancy, asked by divyabhaskar295, 7 months ago

what is debenture describe ​

Answers

Answered by kksidhu4886
1

Answer:

A debenture is a type of bond or other debt instrument that is unsecured by collateral. Since debentures have no collateral backing, debentures must rely on the creditworthiness and reputation of the issuer for support. Both corporations and governments frequently issue debentures to raise capital or funds.


divyabhaskar295: thank you
kksidhu4886: Ur welcome
Answered by nehamanikanti
2

Answer:

A debenture is a type of bond or other debt instrument that is unsecured by collateral. Since debentures have no collateral backing, debentures must rely on the creditworthiness and reputation of the issuer for support. Both corporations and governments frequently issue debentures to raise capital or funds.

Explanation:

a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.

Hopes this helps you!

Similar questions