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Difference between Shares and Debentures

What does a B...

Question

What does a Bearer Debenture mean?

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Solution

When a company does not maintain any record of the debenture holders and the debenture is transferable mere by delivery, then the type of the debenture held by the holders is termed as Bearer Debenture. Interests on such debentures are paid to the persons who produce the interest coupons that are attached with these debentures in a specified bank.

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Q. Objective type questions.
Answer in are sentence only.

What do you mean by Bearer Debenture?

Q. Debentures can be_____.
a. Mortgage Debenture or Simple Debenture.
b. Registered Debenture or Bearer Debenture.
c. Redeemable Debenture or Irredeemable Debenture.
d. Convertible Debenture or Non-convertible Debenture

Q. Select most appropriate alternative from those given below :

The debentures which are converted into shares is called____________.
a) converted debentures
b) non-convertible debenture
c) bearer debentures
d) unsecured debentures

Q. Select most appropriate alternative from those given below :

____________debentures which are recorded in register of company.
a) Simple debentures
b) Registered debentures
c) Bearer debentures
d) Open debentures

Q. Give the meaning of 'Debenture'.

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Difference between Shares and Debentures

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