Answer Posted / nikki
A bond is fixed note of guaranted payment of intrest and
principal on a maturity date.
A debenture is similar but unsecured and is not guaranted
with any specific asstes of the company.It hsa a
characterization of more along with a line of stock
but bond is more a direct finance and loan.
| Is This Answer Correct ? | 4 Yes | 2 No |
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