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Meaning of Debentures

Write one wor...

Question

Write one word/term/phrase which can substitute each of the following

The debentures of which payment is made on the expiry of specific period.

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Solution

Redeemable debentures

Explanation: The debentures that are to be paid back after a specified period of time, as per the terms of the issue, are known as redeemable debentures. They can only be redeemed after the expiry of a specified period.

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Meaning of Debentures

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