Debenture | Types, Purpose, Characteristics, Pros & Cons
https://www.financestrategists.com/accounting/management-accounting/debentures/
WEBNov 29, 2023 · A debenture is a loan certificate issued by the company to its holders. Instead of borrowing entire funds from an individual, a company can divide the funds into certain small denominations or parts (i.e., debentures). Debentures carry interest at a certain percent (e.g., 8%).
DA: 66 PA: 96 MOZ Rank: 94