Debenture: Difference between revisions

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imported>Doug Williamson
(Link with The Treasurers Handbook page.)
imported>Doug Williamson
(Simplify.)
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A certificate of indebtedness in which a company acknowledges indebtedness for a specified sum on which interest is due until the principal is paid back.
A certificate in which a company acknowledges a debt for a specified sum on which interest is due until the principal is paid back.


== See also ==
== See also ==

Revision as of 16:22, 25 June 2015

A certificate in which a company acknowledges a debt for a specified sum on which interest is due until the principal is paid back.

See also