debenture is a liability of a company. it is a certificate 
issued by a company under with seal.

a debentur is a document issud by a company as an evidence 
of a debt from the company with or without a charge on the 
assets of the company.

while starting of business the company need large amount of 
investment. the company borrow funds from banks or other 
financial institutions.debentures is a long term liablity 
these are the creditors to the company and the company pay 
some fixed percentage of interest to the debenture holders.

it is borrowed capital of company .a debenture is a secured 
to the debenture holder's hands & it can be refundable to 
them with certain rate of interest.debenture capital is a 
borrowed capital of the company.debentures are reedeemed 
after certain predefined period.

debentures is a kind of loan taken by the company ,who 
issues a document with the seal to the investor,and pay 
them a fixed rate of dividend.every company requires money 
to start up their business, so it issues shares and 
debentures for the collection of funds.

debenture means "when company needs a huge capital to start 
a business and its impossible to company to stand such a 
huge capital. co. borrows funds from public or financial 
institutiom, on which company pay the fix rate of intrest
is known as a debentures.........it is also called as a 
borrowed capital of a company

Debenture is an instrument which is used for fundraising by 
large companies from public/private financial 
institutions.it is also called borrowed capital.the company 
give some fixed rate of interest over these debenture to 
the debenture holders.
Debenture are not secured by any physical asset or 
colletaral.it is only backed by the creditworthness or 
reputation of the company whom offered the debentures.