Accountancy, asked by PragyaTbia, 1 year ago

What is meant by debenture? (Answer in one sentence)

Answers

Answered by StarGazer001
5
heya !

Question -

What is meant by debenture?

Answer -

Debenture means it is a longterm security yielding crop of a fixed rate of interest which is issued by a company .

hope this helps you !

harysidhu: thmx
Answered by Anonymous
1
Answer :-

=) A debenture is a kind of obligation instrument that isn't anchored by physical resources or insurance. Debentures are supported just by the general financial soundness and notoriety of the backer. The two enterprises and governments often issue this kind of attach to anchor capital. Like different kinds of bonds, debentures are reported in an arrangement.

Debentures have no guarantee. Bond purchasers for the most part buy debentures dependent on the conviction that the bond guarantor is probably not going to default on the reimbursement .
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