A debenture represents debt not secured by a specific asset . secured debt. debt that is subordinate
Fantastic news! We've Found the answer you've been seeking!
Question:
A debenture represents
debt not secured by a specific asset .
secured debt.
debt that is subordinate to preferred stock
. a long document covering every detail of a bond issue.
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
Posted Date: