definition of debenture ?
- 5 Answers
- 6307 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
A type of debt instrument that is not secured by physical
asset or collateral. Debentures are backed only by the
general creditworthiness and reputation of the issuer.
In other words a debenture is a document that either creates
a debt or acknowledges it. The term is used in corporate
finance for a medium to long-term debt instrument used by
large companies to borrow money. In some countries the term
is used interchangeably with bond, loan stock, note, etc.
Debentures are generally freely transferable by the
debenture holder. Debenture holders have no voting rights
and the interest paid to them is a charge against profit in
the company's financial statements.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / naveen agarwal
THE TERM DEBENTURE MEAN IDEBTNESS ISSUSED BY THE COMPANY
GIVING AND UNDERTAKING TO REPAY CERTAIN SUM OF MONEY FOR
CERTAIN PERIOD IN THE MEAN WHILE THE COMPANY HAS TO PAY THE
INTEREST TO THE DEBENTURE HOLDER.THE COMPANY WILL ARAISES
THE CAPITAL OF SHORT-TERM PURPOSE.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / divyagirantla1995@gmail.com
Debenture is long term dept and financial instuments it is used in pravet limited companyes by using in debt investment it is called in debenture
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / selvam
unsecured bond: the ability of a customer to obtain goods
or services before payment, based on the trust that payment
will be made in the future
a certificate or voucher acknowledging a debt
| Is This Answer Correct ? | 1 Yes | 2 No |
How can you define departmental accounting?
Under which head the cleaning expenses will come in accounts
what is meant by working capital?
Hi Guys. Does anyone know any practising cost accountant in hyderabad? Pls help me. I would like to gain some practical experinence. Salary not an issue. Pls help me guys.
What are the golden principles of accounting? Give an example for each.
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?
what is contribution? how does it help in taking managerial decisions?
What is the Difference Between Limited Co. and Pvt. Ltd. Co. ?
What are mis reports and how do you prepare it?
What do you mean by depreciation?
Audit 
