Companies can borrow loans directly from the public by issuing debt instruments called ___________
shares
capital
debentures
None of these
Companies can borrow loans directly from the public by issuing debt instruments called debentures
A company issued 10,000 shares to the public and the company received applications for 8,000 shares from the public. This situation is called ?
Distinguish between a debenture and a share. Why debenture is known as loan-capital? Explain.