Business Studies, asked by adityarajadityaraj22, 11 months ago

what is debenture? discuss it's kinds and importance.

Answers

Answered by Rppvian2020

5

Explanation:

A debenture is a type of debt instrument 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.

Answered by uppalgarvit070

0

A debenture is a type of debt instrument 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.Apr 19, 2019

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