Debentures

 

 

 

Debentures

 

Glossary of business

 

Definition of debentures

 

Debentures are a method that a firm can use to raise long-term finance. They are effectively long term fixed interest loans to companies that will be repaid by the firm at a fixed date in the future and in the meantime will pay interest.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of debentures

 

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Meaning of debentures

 

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