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Give the Meaning of ‘Debenture’? - Accountancy

Give the meaning of Debenture?

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Solution

A debenture is a written debt instrument issued in the form of a certificate containing provisions regarding the repayment of the principal sum after a fixed period of time and payment of interest at regular intervals.

Concept: Meaning and Concept of Debentures
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2013-2014 (March) Delhi Set 1
Q 5
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2013-2014 (March) Delhi Set 1 (with solutions)
Q 5 | 1 mark
2013-2014 (March) Delhi Set 2 (with solutions)
Q 4 | 1 mark
2013-2014 (March) Delhi Set 3 (with solutions)
Q 1 | 1 mark
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