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The reason people buy debentures is to:
Compulsory Arbitration
A form of arbitration where parties are forced to resolve disputes through an arbitrator or arbitration panel rather than the courts.
Inflationary Increases
The rise in the price level of goods and services over a period, eroding purchasing power and value of money.
Collective Bargaining
The negotiation process between employers and a group of employees aimed at reaching agreements to regulate working conditions.
National Labor Relations Act
A foundational statute of US labor law that guarantees workers the right to form unions, engage in collective bargaining, and take collective action such as strikes.
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