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प्रश्न
What is meant by a Debenture?
लघु उत्तर
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उत्तर
The word Debenture is derived from the Latin word ‘debere’, which means to borrow. A debenture is issued in the form of a certificate under the seal of a company and containing a contract for the repayment of the principal sum after a fixed period of time and payment of interest at regular intervals, generally half-yearly. Debentures are issued by a company for acquiring long-term borrowings.
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