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What is debenture? - Commerce

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Question

What is debenture?

Very Short Answer
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Solution

A debenture is a document or certificate issued by a company under its seal as an acknowledgement of its debt.

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Chapter 10: Sources of Finance - EXERCISES [Page 170]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 10 Sources of Finance
EXERCISES | Q 2. | Page 170
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
EXERCISES | Q 20. (i) | Page 81
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