Difference betwen debentures and bonds
Answer Posted / anil kumar
Both are liabilities of the issuing company and have
priority claim over the shareholders.
While issuing bonds, the issuing company
specifies 'certain' assets as security against the issue.
In case of default by the issuing company, the bond holders
can first recover their dues from the proceeds of the
specified assets.
But when debentures a are issued, no specific assets are
marked as security, but the debenture holders will have
claim over all the assets of the compnay, except those on
which specific charges have been created.
| Is This Answer Correct ? | 24 Yes | 3 No |
Post New Answer View All Answers
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
Expand-------ANC
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
what is mean by ledger
Distinguish value andPrice
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
Expand CCIT?
please specify some books name in preparing a bank exam apttirutude questions
What is the working formula for Inventory turnover
Expand-------MTRS
Where to enter bonus and pf esi in tally pls help for me
what is the meaning of call in arear
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
what are responsibilities of an accountant in a company?
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview