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What is a debenture? can you described the various way of issuing debentures?

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Question added by Rehan Qureshi , Financial Consultant , Self Employeed
Date Posted: 2013/12/18
Muhammad Fazeel
by Muhammad Fazeel , Inventory Controller , Wallan Trading Co.

 In corporations the term is used for a medium- to long-term debt used to borrow money.

 

There are two major kinds of debentures

 

Convertible & Non-Convertible

Convertible means debenture which can be converted into equity shares lately & non Convertible means vice versa,

 

there are some other kinds too such as registered, bearer, mortgage etc.

 

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