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In this video tutorial, the speaker introduces the concept of debentures through a relatable scenario of borrowing money from a friend to buy jeans. The analogy extends to a business context where a company seeks to expand by raising capital from investors or financial institutions. The company promises to repay the loan later with interest, illustrating the foundational idea of debentures. The speaker then outlines that the focus of the tutorial will be on debentures, discussing their workings, different types, pros and cons, and additional relevant details.