What is a debenture? How does it differ from a share?
Answer :
Word Count : 394
A debenture is a type of debt instrument issued by companies to raise capital. It is a long-term loan that the company borrows from investors, with the promise to pay them interest at a fixed rate and repay the principal amount on a specified date. Debentures are not secured by any specific assets of the company, making them unsecured loans.
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