alleryStart learning →Home › Bihar Board Class 12 (Commerce) › Accountancy › Issue and Redemption of Debentures › The word debenture comes from a Latin word meaning
The word debenture comes from a Latin word meaning
ATo invest
BTo own
CTo borrow
DTo redeem
Answer & Solution
Correct answer: C. To borrow
Latin debere means to borrow, which fits a debenture being an acknowledgement of borrowed money.
Related questions
Unlike shares, debentures are generallySection 2(30) of the Companies Act, 2013 definesTraditionally, bonds were issued by theWhich investment qualifies for debenture redemption?Amounts invested for redemption can be used only forDebentures of Rs. 3,00,000 mature in January 2018. The investment needed by April 30, 20174,000 debentures of Rs. 100 mature next year. Minimum investment due by April 30?A company may redeem debentures before maturity if