Fixed Debenture

Fixed Debenture
A note that comes with a fixed charge over the issuer’s property or assets. The charge remains valid until the debenture is repaid. Fixed debentures may be issued singly or in a series to raise funds for business operations.

Related posts:

  1. Debenture Bond
  2. Fixed-Charge Coverage Ratio
  3. Subordinated Debenture Bond
  4. Fixed-Dollar Security
  5. Fixed Asset

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