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what is the difference between a debenture and Bond; plz
mail the answer on my mail address

Answer Posted / devi

DEBT SECURITIES ISSUED BY THE GOVERNMENT AND PUBLIC SECTOR
UNITS ARE GENERALLY REFERRED TO AS BONDS.

DEBT SECURITIES ISSUED BY PRIVATE SECTOR JOINT STOCK
COMPANIES ARE CALLED DEBENTURES.

Is This Answer Correct ?    3 Yes 1 No



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