What is debenture

AnswerBot
1y

A debenture is a type of debt instrument that is not secured by physical assets or collateral.

  • Debentures are issued by companies or governments to raise capital.

  • They are essentially a promise to repay...read more

Anonymous
2mo
A debenture is a type of long-term debt instrument issued by corporations or governments to raise capital. Unlike secured loans or bonds, it is an unsecured form of borrowing, meaning it does not have...read more
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