Question

What is meant by a Irredeemable Debenture​

Answer 1

Answer:

Put simply, an irredeemable debenture is a tool used to outline the conditions of a loan agreement. In this case, there is no specific time period in which the borrower must pay the lender back. Typically, such a loan would continue until a 'contingent event' such as insolvency or the company winding up

Explanation:

Answer 2

Answer:

An irredeemable debenture is a tool used to outline the conditions of a loan agreement. In this case, there is no specific time period in which the borrower must pay the lender back. Typically, such a loan would continue until a 'contingent event' such as insolvency or the company winding up.