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Answer in one sentence. What is a debentures? - Secretarial Practice

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One Line Answer

Answer in one sentence.

What is a debenture?

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Solution

Debenture means acknowledgment of debt. Debenture is a borrowed capital.

Concept: Sources of Borrowed Capital - Debentures
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. H) 5. | Page 37
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