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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Write short notes on debentures. - Commerce

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Question

Write short notes on debentures.

Short Note

Solution

Debentures are an important instrument for raising long-term debt capital. A company can raise funds through the issue of debentures which bear a fixed rate of interest.

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Meaning and Nature of Business Finance
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Chapter 19: Sources of Business Finance - Exercises [Page 201]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 19 Sources of Business Finance
Exercises | Q II. 1) | Page 201
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