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Explain what are debenture

Sagot :

Johnreystarosa46idn

Answer:

A debenture is a type of debt instrument that can be issued by corporations or governments to raise capital. Here are key points to understand about debentures:

  • Definition:

A debenture is essentially a bond or debt instrument that is not secured by any collateral. This means that it does not have specific assets backing it up. Instead, the repayment of debentures relies on the creditworthiness and reputation of the issuer.

Explanation:

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