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In this video tutorial, the presenter explains the concept of debentures through a relatable scenario. Initially, they illustrate how borrowing money from a friend to buy jeans represents a simple personal loan, which they refer to as "friendship." The scenario is then expanded to a business context, where a company looking to expand needs capital. To obtain the necessary funds, the company gathers money from investors or financial institutions with a promise to repay the loan with interest over time. This agreement is termed as "debentures." The video will cover various aspects of debentures, including how they operate, their types, advantages, disadvantages, and more.
