Debentures are secured by equipment.

Name: Debentures are secured by equipment.
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

Debentures are generally unsecured and do not have any specific asset or equipment backing them up. Instead, they rely on the creditworthiness and financial strength of the issuing company. However, it is possible for a company to issue secured debentures that are backed by specific assets such as equipment or property.

Debentures Are Secured by Equipment