+2 votes
in Class 12 by kratos

Give the meaning of ‘Debentures issued as Collateral Security’.

1 Answer

+5 votes
by kratos
 
Best answer

When the company issues debentures to the lenders as an additonal/secondary security, in addition to other assets already pledged/some primary security. Such issue of debentures is called debentures issued as a collateral security.

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