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Debentures meaning in accounting

In the commerce stream debenture is the main topic and there is a 90 percent of chance that questions regarding this topic like debentures meaning in accounting, their types, etc will come in exams. Generally, when a company wishes to borrow from people or you can say from the public in the need of money and does not wish to change its capital either, at that time company issue a credit certificate on which particular date of return is mentioned and these certificates are known as a debenture. So, in case you need its overall meaning and its types such as bearer debenture, convertible, not-convertible, and so on the then you can go visit the given link.