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What Are Debentures?

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    Debentures refer to a long term debt instrument which is used by large companies as well as government to obtain funds. It is similar to normal bonds except for the securitization conditions as it is usually unsecure because there are no liens or pledges on specific assets. In case of bankruptcy, the holders of debentures are considered as general creditors.
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    Aicha 

    answered 2 years ago

      A debenture is  a negotiable instrument reflecting a private debt to be repaid to the holder
      0 0

      Amyl 

      answered 2 years ago

        De.ben.ture a short term, negotiable, interesting-bearing note representing indebtedness. (from: Random House Webster's School and Office Dictionary second edition.
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        Ronpc 

        answered 2 years ago

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