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Answer the Following Question in One Sentence. What Are ‘Convertible Debentures’ ? - Book Keeping and Accountancy

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प्रश्न

Answer the following question in one sentence.
What are ‘convertible debentures’ ?

एक पंक्ति में उत्तर

उत्तर

Convertible Debentures : -
Convertible Debentures are those which can be converted either partly or wholly into equity shares after the completion of a definite period. The rate of interest and date of conversion is decided at the time of issue. The interest is paid up to the date of conversion. On conversion the debenture holders are eligible for dividends and other rights and privileges of shareholders.

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Meaning and Concept of Debentures
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2015-2016 (July)

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संबंधित प्रश्न

Give the meaning of Debenture?


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