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Mr. Nitin Krish

Mr. Nitin Krish

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Hi, my name is Nitin Krish belong to India. Well, I'm here want to say something about debentures like what are debentures, Meaning of debenture" A banknote issued by one entity to another, for the purpose if a person pays interest on it. Also commonly referred as an "interest-free guarantee". Another type is called "money credit", which allows you borrow money and use it when using funds from your own account or those from other people's accounts. Debentures (debtors) have been making such notes since the early days in finance where banks were able to buy these at discount rates – although very rarely now because they lose their market value! Today we call them MROs (monetary issuers).