Convertible Debentures

Debenture
A debenture is the most common form of long-term loan taken by a company, offering a fixed date for repayment and often secured against the borrower's assets.
Loan Capital
Loan capital refers to the funds borrowed by an organization to finance its operations, subject to the payment of interest over the life of the loan, which is repaid at the end of the loan term.

Accounting Terms Lexicon

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