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Give the Meaning of ‘Issue of Debentures as a Collateral Security. - Accountancy

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ConceptDebentures as Collateral Security-concept

Question

Give the meaning of ‘Issue of Debentures as a collateral security.

Solution

Issue of Debentures as a collateral security refers to the debentures which are issued without any consideration to lender or financial institution as security in addition to the primary security. 

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Solution Give the Meaning of ‘Issue of Debentures as a Collateral Security. Concept: Debentures as Collateral Security-concept.
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