Accountancy, asked by PragyaTbia, 1 year ago

What is meant by 'Mortgaged Debenture'? (Answer in one sentence)

Answers

Answered by Anonymous
0
THE DEBENTURE WHICH ARE SECURED BY SOME CHARGE ON THE ASSET OF THE COMPANY ARE CALLED .......
Answered by Anonymous
0
Answer :-

=) Mortgaged debenture is which loan is secured against specified assets .

Mortgage debentures will be debentures in which the credit is anchored against an organization's settled resources. In a mortgage debenture explicit assets or property are vowed as security.

People and money related establishments are in every case increasingly keen on purchasing mortgage debentures in contrast with other corporate securities issued by the organization. This is on the grounds that when the organization issues mortgage debentures the odds of default in the installment is low .
Similar questions