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Debenture issued as collateral security

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Debenture issued as collateral security

Posted by Niranjan Jha 4 years, 1 month ago

CBSE > Class 12 > Economics

2 answers

Rahul Yadav 4 years, 1 month ago

And it is not a issue of debentues it is just taken for future uncertainity in case the creditor don not pay the money so for that suspense account is open

2Thank You

Palak Suri 4 years, 1 month ago

A company’s debentures issued as collateral security is a secondary security for the original loan taken. Collateral security is the addutional security given for a loan

0Thank You

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CBSE > Class 12 > Economics