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In the US, a debenture is a certificate acknowledging an unsecured debt (i.e. one without collateral). It is sometimes synonymous with corporate bonds or notes, as a debenture does not afford participation as a stockholder.
The underlying meaning is the ability of a customer to obtain goods or services before payment, with the understanding that payment will be made in the future. This is the same basic concept as a credit purchase.
*In the UK, a debenture is usually a secured bond, synonymous with the US term "mortgage bond."
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∙ 11y ago
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Is debenture a current asset?
No. Debenture is a form of liability for a business.
What is debendure?
I presume you meant debenture, a debenture is a long term loan taken out by a business
What is the secured redeemable non convertible debenture?
Type your answer here... debenture, which is secured and redeemable and which is non convertible in future is called secured redeemable non convertable debenture
If someone holds a debenture what can they do with it?
With a debenture, a company can hold a debt with another. A debenture is a loan agreement where there is no collateral or assets involved. It is based on the promise and credit history of the company that it will be paid back.
Which bonds will have the higher coupon rate a secured debt or a debenture?
i guess debenture, since its more riskier!
What is the meaning of debenchur?
Do you mean debenture?
What is the meaning and definition of redemption of debenture?
Redemption of Debenture was enacted into Indian law in 2000. It states that any Indian company with a debenture trust must also have a plan in place for its investors, in case of the company's failure.
What is meaning of pari passu clause in a debenture?
equally without preferance
What is a debenture certificate?
it is a document that serve as evidence of a debenture for a debenture share holder
What is debenture certificate?
it is a document that serve as evidence of a debenture for a debenture share holder
Solve questions of debenture in advance accounting?
what is debenture
Is debenture a current asset?
No. Debenture is a form of liability for a business.
How does a term loan differ from a non invertible debenture?
Noninvertible debenture
Is debenture holder a customer of the company?
NO,debenture holder is the creditor of the company
What is the Legal definition of All Assets Debenture?
what is an all assets debenture
What is the journal entry for accrued debenture interest?
Interest A\c Dr Accured debenture Cr
What is the nature of debenture suspense account?
Debenture Suspense is adjustment account which is prepared at the time of issue of debenture as collateral security to record the collateral issue.
