Question

what is debenture in Accounts ​

Answer 1

A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. 

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Answer 2

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definition of debenture is:- "a debenture can be defined as a document or a certificate" issued by a company under its feel as an acknowledgement of it Dept. holders of debenture certificate is called debenture holders.

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