Difference betwen debentures and bonds

Answer Posted / fairy

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.

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