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DEBENTURE. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDEBENTURE.1 Mark
Question
What is the meaning of Mortgage Debenture?
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Answer

The debenture on which the company creates a burden by mortgaging the security of its assets is called Mortgage Debenture.

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