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A debenture is a type of long-term debt instrument that a corporation or government issues to raise capital. It is a written agreement between the borrower and the lender that is registered with Companies House. • Here are some key features of debentures: • Debt instrument • A debenture is a debt instrument that represents a promise to repay the borrowed amount along with interest to the debenture holders. • Unsecured • Debentures are usually unsecured, meaning they are not backed by collateral. This makes them riskier than secured bonds, which are backed by collateral such as property or securities. • Creditworthiness • Debentures are backed by the issuer's creditworthiness and reputation. • #upsc #upsccse #upscprelims #upscmotivation #upscaspirants #upscpreparation #ssc #ssccgl #sscgd #sscchsl #ibps #rrb #appsc #tnpsc #tgpscgroup1 #tgpscgroup2 #bpsc #uppsc #kas #rpsc • Visit: https://www.2thepoint.in/ • Join us at: https://t.me/upsctothepoint • Facebook: / 2thepointedu

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