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specimen presentation of debenture certificate

specimen presentation of debenture certificate

In corporate finance, a debenture is through a long-term debt instrument, which is used by large companies to borrow money at a certain rate of interest. The legal term "debenture" is basically referred to a document that either generates or accepts the loan, but in some countries this word is used alternately with bonds, debt stocks or notes debentures It is like a credit certificate or debt bond, which makes it clear that the company is liable to pay a fixed amount along with interest, and although debentures Wara raised funds capital structure of a part of the company. Capital senior debentures are paid before subordinate debentures, and the risk and repayment rate for these categories is different.