DEBENTURE - Commerce/ Economics
A debenture is a bond
acknowledging a loan
generally under the
company's seal and bearing
a fixed rate of interest
and usually giving
security
for the repayment
of the loan and the payment of the
interest
DEBENTURE - Commerce/ Economics
A debenture is a bond
acknowledging a loan
generally under the
company's seal and bearing
a fixed rate of interest
and usually giving
security
for the repayment
of the loan and the payment of the
interest
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