WHAT IS MEAN BY SHARE & DEBENTURE? WHAT IS THE DIFFERENCE
BETWEEN THEM?
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Answer Posted / sridharan.v
Share : A share is a share in share of the sharecapital of
the company.
Debenture : Debenture is an acknowkedgement of debts. it
may be secured or unsecured.
Difference:A debenture is an unsecured loan you offer to a
company. The company does not give any collateral for the
debenture, but pays a higher rate of interest to its
creditors. In case of company Woundup or any financial
difficulties,
the debenture holders are paid after shareholders.
| Is This Answer Correct ? | 41 Yes | 27 No |
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