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In this video tutorial, the presenter explains the concept of debentures using relatable scenarios. Initially, they illustrate a simple situation where one friend lends money to another for a pair of jeans, highlighting the essence of friendship and trust. They then expand on this idea by comparing it to a business scenario where a company needs to raise capital to open a new branch. In this case, the company collects funds from investors or financial institutions and agrees to repay the loan with interest over time, defining the concept of debentures. The video aims to explore how debentures work, their types, advantages, disadvantages, and more.