Answer Posted / prathamesh patkar
debenture means "when company needs a huge capital to start
a business and its impossible to company to stand such a
huge capital. co. borrows funds from public or financial
institutiom, on which company pay the fix rate of intrest
is known as a debentures.........it is also called as a
borrowed capital of a company
| Is This Answer Correct ? | 58 Yes | 6 No |
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