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how loan is different from debenture?
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Answer Posted / barodianbuddy(acca)
Loan have to be repaid every month with interest according to terms & conditions. It can be short term or long term. Debentures are financial instrument issued to generate funds at fixed rate of interest. It can be redeemable or non redeemable. Debenture is not secured by any collateral but loan is.
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