Debentures are essentially the same as a long-term loan except that debentures are particular to limited companies and have a fixed interest rate.

Name: Debentures are essentially the same as a long-term loan except that debentures are particular to limited companies and have a fixed interest rate.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Debentures are indeed a type of long-term loan specific to limited companies, and they typically have a fixed interest rate.

Debentures Are Essentially the Same as a Long-Term Loan Except