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In this video tutorial, the speaker introduces the concept of debentures by comparing it to a personal scenario where one friend lends money to another to purchase jeans. The analogy illustrates a common financial practice—borrowing money. The speaker then expands this idea to a corporate context, explaining that when a company needs capital for expansion, it may collect funds from investors or financial institutions, promising repayment with interest. This borrowing arrangement is termed "debentures." The tutorial will cover the workings of debentures, their various types, and their advantages and disadvantages.