Saved Bookmarks
| 1. |
What Are Debentures? |
|
Answer» A DEBENTURE is " A certificate of agreement of loans which is given under the company's STAMP and carries an undertaking that the debenture holder will get a fixed RETURN and the principal AMOUNT whenever the debenture MATURES. A Debenture is " A certificate of agreement of loans which is given under the company's stamp and carries an undertaking that the debenture holder will get a fixed return and the principal amount whenever the debenture matures. |
|