Individuals who pay the company to purchase debentures are called debenture holders. Unlike shareholders, debenture holders only lend loans to the company for a specified period. As per the operation of debenture stock, it works similar to the way preferred stocks operate. Credit rating Non-convertible debentures are those which could not be converted into shares; […]

The beneficiary must provide a written undertaking to use the funds solely forthe preparation and shipment of the goods. Often, the beneficiary also providesa receipt and a statement of utilization of the advance. This type of deal is riskier as the third party involved is dependent upon the beneficiary for compliance. In this, a buyer […]