Debenture is a debt instrument issued by the company to
raise the funds.
Types of Debentures : Secured Debentures, Unsecured
Debentures, Redeemable Debentures, Irredeemable debentures,
convertable debentures, non convertable debentures,
cumulative debentures, noncumulative debentures
When a company borrows money from investing people it
issues bonds which is stamped with official seal is called
as debentures
types of debentures:
security point of view
recording point of view
performance pont of view
conversion point of view
priorty point of view
"A Debenture is a document under company's, which provide
payment of principal sim & interestthereon at regular
intervals.
Types :
1.Convertible
2.Non-Convertible
3.Zero Coupon
4.Cumulative
5.Non-Cumulative
From different point of view:
Redemption : Redeemable and irredeemable
Security : mortgage debenture and naked or simple debentures
Record: registered debenture and bearer debentures
Priority: first debentures and second debentures
Convertibility: Convertible and Non convertible