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In this video tutorial, the presenter uses a relatable scenario to explain debentures. They compare asking a friend for money to buy jeans to a business seeking capital for expansion. In the first scenario, one borrows money from a friend with a promise to repay, illustrating a friendship-based loan. In the business context, a company collects funds from investors or financial institutions, agreeing to return the loan with interest after a specified period. This arrangement is termed a debenture. The video aims to provide a comprehensive discussion on debentures, including how they work, their types, advantages, disadvantages, and more.