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What do you mean by debenture …

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What do you mean by debenture ?

Posted by Vinayak Sharma 4 years, 10 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 4 years, 10 months ago

A debenture is one of the most typical forms of long term loans that a company can take. It is normally a loan that should be repaid on a specific date, but some debentures are irredeemable securities.

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