This article throws light upon the top thirteen types of debenture. The types are: 1. Simple, Naked or Unsecured Debentures 2. Secured or Mortgaged Debentures 3. Bearer Debentures 4. Registered Debentures 5. Redeemable Debentures 6. Irredeemable Debentures 7. Convertible Debentures 8. Zero Interest Bonds / Debentures 9. Zero Coupon Bonds 10. First Debentures and Second Debentures and Others. Type # [...]
This article throws light upon the top five features of debenture. The features are: 1. Maturity 2. Claims on Income 3. Claims on Assets 4. Control 5. Call Feature. Feature # 1. Maturity: Although debentures provide long-term funds to a company, they mature after a specific period. Generally, the debentures are to be repaid at a definite time as stipulated [...]
After reading this article you will learn about the Advantages and Disadvantages of Debenture. Advantages of Debenture: Debentures offer a number of advantages both to the company as well as investors. These are discussed as below: (a) Advantages to the Company: The company has the following main advantages of using debentures and bonds as a source of finance: (i) Debentures [...]