Indian Money Company Review on Different Types of Debentures – Indian Money
A debenture is a debt instrument which is not backed by any security or collateral. The security of the debenture is the credit of the Company issuing the security. Higher the standing of the Company, lower is the interest rate offered on the debenture. Companies use debentures to raise funds in the medium or long-term. There are hardly any Indian Money complaints since they are experts in sharing financial knowledge. Let us go through this Indian Money review of different types of debentures. Types of Debentures · Unsecured debentures: As per Indian Money reviews , unsecured debentures have no security on assets. They are just like unsecured creditors and enjoy the same rights as unsecured creditors. · Secured debentures: These debentures enjoy security over the assets of the Company. If the Company defaults on debenture interest, debenture holders sell assets to recover their dues. · Bearer debentures: You can purchase bearer debentures