what do you mean by unsecured debenture
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what do you mean by unsecured debenture
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But mostly we use unsecured word with loans and debenture is also a loan.
Hope it will help you...
Ur answer goes like this :-
● ● UNSECURED DEBENTURE ● ●
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Unsecured debentures are debentures that are not supported by a collateral security. No specific assets will be set aside against unsecured debentures. It is basically a loan with out any protection. They are backed only by the general credit worthiness of the issuer.
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