What are shares and debentures?
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legal what is
Question by pratiksinhchavda (13)
Answer by patti (29325)
A debenture (also called a bond or note) is a legal document that creates a debt or acknowledges that one exists between named parties.
Answer by bhdickstein (41)
A debenture is the name of a legal document that more frequently evidences a debt that is payable in an amount that exceeds the principal.
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