Accountancy, asked by gillnirankar519, 4 months ago

What is naked debenture and mortgage debenture?

Answers

Answered by BrainlyStud

Answer:

Secured or Mortgage debentures – The company's assets are given as charge for the debentures. The charge may be either specific charge or floating charge. ... Unsecured or Naked debentures – These debentures are issued without any charge on the assets of the company.

Answered by amangarnayak04

Answer:Secured or Mortgage debentures – The company's assets are given as charge for the debentures. The charge may be either specific charge or floating charge. ... Unsecured or Naked debentures – These debentures are issued without any charge on the assets of the company

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