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In this video tutorial, the speaker introduces the concept of debentures using a relatable scenario. Initially, they describe a situation where a person seeks financial help from a friend to buy jeans on sale, labeling this arrangement as "friendship." They then escalate the scenario to a business context, where a company looking to expand collects funds from investors or financial institutions in exchange for a promise to repay the loan with interest over time. This transaction is identified as issuing debentures. The video aims to delve into the details of debentures, including their function, types, advantages, disadvantages, and more.