- Member Since: February 28, 2021
Description
Hi, my name is Raghavan Mand living in India. I'm working for a well-reputed company. I would like to share some information regarding debentures like what are debentures in accounting. When a firm or a company boosts a long-term loan with the help of a debt instrument is known as a debenture. Debentures have a fixed rate of interest. Debenture contains bonds, debenture stock, and other securities of the company. Debentures are announced or issued in the type of a certificate under the seal of a company. If you also want to know about different types of debentures then please check the given link.