Question

what is the meaning of debentures???

Answer 1

Hi friend, Here's the required answer:_

Debenture is a kind of debt instrument that is not secure by physical assessts or collateral.

Hope this helps you...

Answer 2

an ensecured loan certificate, issued by a company, backed by general credit rather than by specified assets 
                                                       OR 

A long term security yielding a fixed rate of intrest, issued by a company and secured against assets.
____________________________________________________________
hope  this helps you