Delete Surname Field from the Collateral Debenture

Aug 6th, 2022
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How to Delete Surname Field from the Collateral Debenture

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hello and welcome the fire of learning Im Justin while our first names are of course more personal our last names also called surnames or family names perhaps carry more weight they connect us not only to our immediate family but to our ancestors and the lives they lived through understanding what our last names mean we can better understand the story of our own existence and place ourselves within the larger picture of human history in this video we are going to go over common surnames and explore their meaning and origins so lets get to it before we begin I would like to thank Aziz the gem and Harper silver now ski for being our most recent supporters on patreon they join these supporters who make these videos possible so I was initially planning to do this video like I did my two videos on given name meanings where I listed a series of names and talked about each of their individual meanings and origins I am going to do that here to an extent however I will also be structuring thi

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The security offered by the company determines the name of the investment. Debentures if tangible property (real estate, land, equipment, for example) is offered as security. Secured notes if a first ranking debt over other property is offered as security. Unsecured notes no security offered.
A loan must be paid back by a set date and must be secured against something of equal value. A debenture doesnt need to be taken out against something of equal value, simply something deemed sufficiently valuable, which is why they can be secured against something variable like inventory.
Short definition A debenture is a type of long-term business debt not secured by any collateral. It is a funding option for companies with solid finances that want to avoid issuing shares and diluting their equity.
The lender is entitled to interest only on the amount of loan, but not on the debentures issued as collateral security.
On the issue of debentures as collateral security, Debentures A/c is credited.
A journal entry is made on the issue of debentures as a collateral security, Debentures Suspense Account is debited because no cash is received for such issue.
A debenture is essentially a long-term loan that a corporate or government raises from the public for capital requirements. For example, a government raising funds to construct roads for the public.
Debentures issued as collateral security is secondary or parallel security for the original loan taken by the company. The lender can realize the collateral security in case borrower fails to make the payment of the original loan.

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