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  • Debenture carrying charge on certain asset (or particular...
Multiple choice

Debenture carrying charge on certain asset (or particular asset) of the company is known as

  1. mortgage

  2. fixed

  3. naked

  4. floating

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Those debentures which are secured by either a fixed charge or a floating charge on the assets of the company are called secured or mortgage debentures.

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