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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
Unsecured Debenture A debenture against which no specific asses have been set aside to pay for, if the company can’t do so in the normal circumstances, interest or repayment of principal ahead of other creditors of the company. It is basically a loan with no protection.
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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
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