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Hello, my name is Raghavan Mand living in India. I want to give my opinion on debentures meaning in accounting. The meaning of the word debenture is to lend. Every business has a certain amount of money that they have raised from investors and this money is then used by the company in order to invest in their business. In any organization business entity, the term debenture means that you are given a loan by a bank or financial institution. And when you take up such loans it is always given at interest rate over a period of time. It can either be in the form of a physical paper document or a loan agreement that is electronically registered in your name and that gives you the right to claim certain property as yours.
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