Advertisements
Advertisements
Question
Write one word/term/phrase which can substitute the following
The debentures of which payment is made on the expiry of specific period.
One Word/Term Answer
Solution
Redeemable debentures
Explanation: The debentures that are to be paid back after a specified period of time, as per the terms of the issue, are known as redeemable debentures. They can only be redeemed after the expiry of a specified period.
shaalaa.com
Meaning and Concept of Debentures
Is there an error in this question or solution?