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In this video tutorial, the speaker introduces the concept of debentures by comparing a personal borrowing scenario to a business financing situation. The example begins with a friend lending money to buy a pair of jeans, representing friendship. This is contrasted with a company seeking to expand by raising capital from investors or financial institutions. In this case, the company promises to repay the borrowed amount with interest, illustrating how debentures work. The tutorial aims to explain the workings of debentures, their types, pros and cons, and additional related details.