what is debentures meaning

Here is the answer to the question of what is debentures meaning in accounting. Generally, the companies use the debentures as long-term debt to borrow money when they have requirements. Debentures are considered loans and these are repayable on a specific or fixed date. Certificates of debts are issued that contain the particular dates of the rate of return and these are called debentures. Debentures are of different kinds like convertible, non-convertible, bearer debentures, etc. if you want to know their meaning too then you can check the given link.