debenture is secured liability to comppany, it redeemed 
particular time and it fixed particular interest  rate. 
bond is one of the liabilities  of  the company but it has 
no security than debentures and it has no premium  like 
debentures.some traits is common of debtures and bonds

Hey Padmavathi the answer that u have given to wrong.

Debenture and bonds are similar except for one difference- 
bonds are more secure than debentures.A debenture is an 
unsecured loan you offer to a company.  The company does 
not give any collateral for the debenture but pays a higher 
rate of interest to its creditors and bondholders are paid 
low interest. In case of bankruptcy or financial 
difficulties, the debenture holders are paid later than 
bondholders.

Bond is a secure loan where as debenture is unsecured. 
usually corporates issue debenture to secure their capital. 
though both bond & debenture may be for perpitual time, but 
it depends on the issure. 
 
Another difference is  bond holder has a greater claim on 
an issuer's income than a shareholder in the case of 
financial distress (this is true for all creditors) but 
debenture holders usually does have greater claim than 
shareholder.

the main difference is the securitization. And thats for 
sure. PLZ send commands on that...

sorry for the mistake. plz find the correct one from below

debenture holders usually does not have greater claim than 
shareholder.

Both Debenture and Bond issued by the company to meet its 
long term obligation. In india both are use in same sence.
but the difference is 
Debentures are pays periodical interest on the prinicipal 
amount. after maturity date the principal paid back.
in Bond the Int Cant pay in a regular manner. the bond 
mature, paid back principal+Interst amount

bond is actually a braod word and debenture is a type of 
bond but it is not secured,while the interest and principle 
payment procedure of both are same ,both are refer to as 
long term debt.in short both are same debenture can be 
called as bond.

Asihya, syed , vijay and ganesh what they told is correct 
and want to add one more point is that , usually bond is 
issued by govt/federal govt and it is more secure than the 
debenture.

The major difference lies in Securitisation i.e. Bond holder
can underlie the companies asset comparatively more than
Debenture holder.  And another difference is Debenture
issued by the Government enterprise is called as bond.

Both are liabilities of the issuing company and have 
priority claim over the shareholders.

While issuing bonds, the issuing company 
specifies 'certain' assets as security against the issue. 
In case of default by the issuing company, the bond holders 
can first recover their dues from the proceeds of the 
specified assets.

But when debentures a are issued, no specific assets are 
marked as security, but the debenture holders will have 
claim over all the assets of the compnay, except those on 
which specific charges have been created.

bonds are secured loans offered  by a company where the 
bond holder will be paid the principal amount+interest 
after a fixed time before maturity you will not get 
anything.so it is like taking insurance policy.they are 
much secured.bonds are usualy offered by government 
companies.

debentures are not very secured loans offered by 
companies.during the bankruptcy bond holder will get 
preferance.though in debentures case interest rate is very 
high and fixed amount is paid at regular intervals .

Bonds are more secured as compare to the debuntures. 
because debuntures are issued by ther companies. debunture 
holders don't have claims against the company. they can't 
sell the assets of the company.. while if the co. is 
bankrupt the bond hoders have claims against the company. 
they can sell the assets of the company to settel their 
claims.

bond is secure financing  as compared to debenture.it is 
types of bons.

Debentures r issued by companies, having fxed rate of 
return on it. Debentures are prior to get return than 
equity,whereas bonds r fixed int. bearing securities issued 
by RBI or GOVT. Rate on bonds is given after acccessing the 
inflation rate,GDP & int. rates.

Debentures r issued by companies, having fxed rate of 
return on it. Debentures are prior to get return than 
equity,whereas bonds r fixed int. bearing securities issued 
by RBI or GOVT. Rate on bonds is given after acccessing the 
inflation rate,GDP & int. rates.

Debentures are pays periodical interest on the prinicipal 
amount. after maturity date the principal paid back.
in Bond the Int Cant pay in a regular manner. the bond 
mature, paid back principal+Interst amount

Debenture is issued by privite companies it has priorty 
over equity share holders and the issuer has the obligation 
to pay interes every year/semi annually and principal at 
end of the period in aggreement.While bond is also long 
term debt which is usually issued by govt/public/semi-
publicgovt.Its interest paid semi annually/yearly and 
principal paid at end of period.So bond is more secured 
because govt never buncrapt and shut down the existance.
(NB.this is my understandig)