What Is a 'Debenture

question 5

Multiple Choice

What is a 'debenture'?

• A) The process by which a floating charge becomes a fixed charge.
• B) Security for a loan attached to all of the assets of the company.
• C) Security for a loan attached to specific assets such as land and buildings.
• D) A document whereby a company acknowledges a debt.

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Definitions:

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The specific linguistic expressions and vocabulary used by individuals or evaluators during the evaluation of cognitive, academic, or psychological abilities.

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