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what do you mean by debenture,redemption,reserve.

Asked by sntshtrk530 6th November 2017, 8:04 PM
Answered by Expert
A debenture is a debt instrument used by big companies to borrow money at a fixed rate of interest. It is issued by a company for acquiring medium to long-term borrowings. Kindly post each query individually.
Answered by Expert 7th November 2017, 10:06 AM
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