What is Meant by Debenture?
A debenture is one of ways of company borrowing … … for sale whereas floating charge involves all assets excluding those assigned to the secured creditors.
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A debenture is one of ways of company borrowing … … for sale whereas floating charge involves all assets excluding those assigned to the secured creditors.
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FINANCE literally translates to managing a huge sum of money by the government or a large company. It is taught as a field of study under commerce, teaching students to understand the assets and liabilities under the conditions of certainty and uncertainty.
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