Economy, asked by mdafjalusmani786, 11 months ago

what is debentures?

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Answered by nazhiyafarhana
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Explanation:

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A debenture is one of the most typical forms of long term loans that a company can take. It is normally a loan that should be repaid on a specific date, but some debentures are irredeemable securities (sometimes referred to as perpetual debentures). The majority of debentures come with a fixed interest rate.

An interest-bearing bond issued by a power company is an example of a debenture.

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