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In this video tutorial, the speaker introduces the concept of debentures by comparing it to a personal borrowing scenario. They illustrate this by imagining a situation where you ask a friend to lend you money to buy jeans, which represents a simple friendship loan. This is contrasted with a business context where a company needs to expand and lacks capital. To raise funds, the company collects money from various investors or financial institutions, promising to repay the loan with interest after a specific period. The tutorial aims to explore debentures in detail, including how they function, their types, advantages and disadvantages, and more.