Convertible and non-convertible debentures and It's advantages and disadvantages
If you are a student of commerce stream then you already know that one of the important questions asked in exams is on what is a debenture , types of debentures. You can get full regarding debentures in this article. A bank fixed store is a protected and worthwhile venture though since it gives a fixed and guaranteed rate of profitability. Be that as it may, the pace of revenue offered by banks is low and henceforth not the best venture choice. Thus, generally safe financial specialists with the requirement for guaranteed return yet at a higher rate can pick the speculation item called a debenture. A Debenture is a type or kind of commitment, responsibility, or obligation instrument that isn't made sure about by actual resources or guarantee by the responsible monetary organization. Debentures are the most noteworthy normal type of long haul credits that can be taken by an organization. These credits are repayable at a fixed pace of interest and fixed length. Debentures are ...