What is the basic difference between bond and debenture?
it,s very urgent please guys give me a quick reply
Answer Posted / sreenu
bond is not related to the company it is issuing banks bank
is giving int and principal amt at maturity time.
debenture means it is a certificate issuing the company. the
certificate bearing interest rate on face. interest will be
payable every year ending.
Is This Answer Correct ? | 22 Yes | 1 No |
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