Tag: Debentures: Meaning
Debentures: Meaning, types, advantages & disadvantages
What is a debenture? A debenture is a sort of bond or other obligation instrument that is unstable by guarantee. Debentures may be secured with collateral or not, when secured, they can also be floating or fixed. Debentures are frequently issued by governments and corporations to raise funds or capital. A debenture is a type …
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