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प्रश्न
A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as ______.
पर्याय
Non-Convertible Debenture
Mortgage Debenture
Redeemable Debenture
Unsecured Debenture
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उत्तर
A Debenture issued by a company by creating a fixed or a floating charge on the company's assets is known as Mortgage Debenture.
Explanation:
A mortgage debenture is secured by the issuing company's real estate or other physical assets. These assets act as collateral for debenture holders in case the company fails to make payments. If the corporation fails to meet its commitments, debenture holders can assert their claim on the mortgaged assets to recoup their investment.
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संबंधित प्रश्न
Answer in a sentence only.
What is meant by debenture?
Answer in a sentence only.
What is a ‘Convertible Debenture’?
Answer in a sentence only.
What is meant by ‘Irredeemable Debentures?
Write one word/term/phrase which can substitute the following
The acknowledgment of debt under common seal of company.
Select most appropriate alternative from those given below
__________ is acknowledgment of debt under common seal of company.
Select most appropriate alternative from those given below :
__________ debentures which are not secured against any charge on asset of the company.
State to whether the following statement is True/False.
The amount of irredeemable debentures is not paid in the life time of the company.
State to whether the following statement is True/False.
Unsecured debentures are safer than secured debentures.
Answer the following question in one sentence.
What are ‘convertible debentures’?
