DEBENTURES DEFINITION
DEBENTURES DEFINITION
When borrowed capital is divided into equal parts, then, each part is called as
a debenture. Debenture represents debt. For such debts, company pays interest at regular
intervals. It represents borrowed capital and a debenture holder is the creditor of the company.
Debenture holder provides loan to the company and he has nothing to do with the management
of the company.
When borrowed capital is divided into equal parts, then, each part is called as
a debenture. Debenture represents debt. For such debts, company pays interest at regular
intervals. It represents borrowed capital and a debenture holder is the creditor of the company.
Debenture holder provides loan to the company and he has nothing to do with the management
of the company.
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