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In this video tutorial, the speaker introduces the concept of debentures by illustrating a relatable scenario. They describe a situation where one friend borrows money from another to buy jeans, equating it to a friendship deal. The speaker then expands this analogy to a business context, where a company seeks to raise capital for expansion by gathering funds from investors or financial institutions, promising to repay the loan with interest. This arrangement is referred to as debentures. The video aims to explore the various aspects of debentures, including their workings, types, advantages, disadvantages, and more.