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09 December 2015 difference between bonds and debentures

Nikhil Kaushik online

Nikhil Kaushik online

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10 December 2015 read this http://www.investopedia.com/ask/answers/122414/what-difference-between-debenture-and-bond.asp

Arpit Shah

Arpit Shah (Expert)
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11 December 2015 DEFINITION of 'Bond'
A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debtholders, or creditors, of the issuer.

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Arpit Shah

Arpit Shah (Expert)
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11 December 2015 DEFINITION of 'Debenture'
A type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture.