CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

State to whether the following statements are True/False.

The debenture holder is owner of the company.

Open in App
Solution

False

Explanation:
Debenture-holders are the creditors of a company. They get interest at a fixed rate, irrespective of whether the company makes profit or not. Unlike shareholders, they are not the owners of the company.

flag
Suggest Corrections
thumbs-up
2
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
What is a Debenture?
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon