what is the difference between a debenture and Bond; plz
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Answer Posted / krishnamurthy
This is a type of share issued by a limited company. It is
the safest type of share in that it is really a loan to the
company and is usually tied to some of the company's assets
so should the company fail, the debenture holder will have
first call on any assets left after the company has been
wound up.
Bond is issued by the goverment or the pulic sector
companied in India are generally secured.It is secured by
collateral with definite maturity.
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