what is debentures tell properly
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Debentures are a debt instrument used by companies and government to issue the loan. ... Debentures are also known as a bond which serves as an IOU between issuers and purchaser. Companies use debentures when they need to borrow the money at a fixed rate of interest for its expansion.
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debenture is a marketable security.Examples of debentures are Treasury bonds and Treasury bills.A debenture is a bond issued with no collateral. debenture is a type of debt instrument that is not backed by any collateral.This gives lenders the security of knowing they'll be able to recover the money they're owed if the business can't repay the loan.
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