What is a Debentures?
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What is a Debentures?

What is a Debentures?
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What is a Debentures?

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Debentures : Debentures are the debt of a company.

A debenture holder receives interest on the debenture at a fixed rate of interest, irrespective of the profit or loss of a company.

Remarks :

  • The interest on a debenture is calculated on its face value.
  • The brokerage involved in the sale or purchase of debentures is calculated on their market value.
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