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WHAT IS MEAN BY SHARE & DEBENTURE? WHAT IS THE DIFFERENCE
BETWEEN THEM?
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Answer Posted / sunil kumar.s
Share is a part of company capital.it is not possible company to raise all required capital from single person, so company divide entire capital into some number of units. each that unit is called share.
Ex:- To raise 10,00,000 capital from public company divide 10,00,000 capital into 10,000 unit. each unit is called a share and each share price is Rs.100.
Debenture:-
Debenture is a certificate issued by the company stating that the company is liable to pay certain amount to specified person. where debentures are considered as secured loan.
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