what is debenture stock?
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Debenture stock, loan contract issued by a company or public body specifying an obligation to return borrowed funds and pay interest, secured by all or part of the company's property. Certificates specifying the amount of stock, with coupons for interest attached, are usually issued to the lenders
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Debenture is those money which person can't give and application to him its paper on which we write this is a debenture
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