what is secured of debentures
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Answer:
Secured debentures are debentures secured by a charge on the fixed assets of the issuer company. ... When the issuer company fails on payment of either the principal or interest amount, the assets of the company can be sold to repay the liability to the investors.
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Secured Debentures Law and Legal Definition
Secured debentures are debentures secured by a charge on the fixed assets of the issuer company. For instance, mortgage debentures secured on land of the company. When the issuer company fails on payment of either the principal or interest amount, the assets of the company can be sold to repay the liability to the investors.