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DEBENTURES - Coggle Diagram
DEBENTURES
Charges
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A Floating Charges
a particular type of security, available only to
companies
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Why Floating Charge?
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The company can continue to use the assets and can buy and sell them in the ordinary course of business
Terms
Amount borrowed, repayment terms, interest, charges securing the loan, provisions for protecting and insuring the property and terms for enforcement if the company terms for enforcement if the company
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