Question:
What is the difference between debenture holders and creditors?
Answer:
Debentureholder are those who provides long term loan at specific interest rate in term of cash and creditor provides only short term credit in term of cash for purchasing of goods. Source: CoolInterview.com
debenture holder is the holder who holds the debenture as he gets only fixed rate of intrest as he is not concerned with profits and he has no right to participate in meeting<br><br>creditor in the sense the person to company is liable to pay can be regarded as creditor Source: CoolInterview.com
Answered by: ravindra | Date: 3/23/2009
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