Answer Posted / kumar ravi
debenture is promise to the debitors by the company when
company doesn't have sufficent amount to run the
business,in this situation company issue debenture
surtificate to the debitors.debenture holders are given
first priority to pay back principal amount with certain
rate to interest.debenture holders are profiter/safer than
share holders
| Is This Answer Correct ? | 4 Yes | 1 No |
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