Economy, asked by varsha66799, 4 months ago

what is debenture?
plss answer me quickly it is urgent

Answers

Answered by radheshyam6441

Answer:

A debenture is a type of debt instrument that is not backed by any collateral and usually has a term greater than 10 years. Debentures are backed only by the creditworthiness and reputation of the issuer. Both corporations and governments frequently issue debentures to raise capital or funds

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