What is a Debenture?

eBook (PDF), 4 Pages
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A debenture can be defined as a loan issued by a firm which usually involves a fixed repayment schedule, in terms of both time and interest. If the firm keeps to the terms of the debenture, the person who owns the debenture has no claim on the company and no voting rights. However if the firm were to default on the repayment of a debenture, the holders of the debentures will have right over the company.
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Product Details

January 21, 2013
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599.13 KB

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Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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