The-definition.com

Definition

Debenture bonds

Debenture bonds also known as unsecured bonds issued against the general credit of the borrower.

Share it:  Cite

More from this Section

  • Compensating error
    A compensating error is one which counter-balanced by any other error or errors, ...
  • Segregation of duties
    Segregation of duties (also called separation of functions) is indispensable in an internal ...
  • Ratio
    Ratio is an expression of the mathematical relationship between one quantity and another. ...
  • Net income & net loss
    Net income results when revenues exceed expenses. A net loss occurs when expenses exceed ...
  • Cash-basis accounting
    Cash-basis accounting is an alternative to the accrual basis refers to an accounting basis ...