_______ debentures which are not secured against any charge on asset of the company.

Question

Select most appropriate alternative from those given below :

_______ debentures which are not secured against any charge on asset of the company.

Options

• Secured
• Unsecured
• Redeemable
• Convertible

Answer 1

Unsecured debentures which are not secured against any charge on asset of the company.

Explanation: The debentures that are not secured by any security or do not have a charge on the assets of a company are known as unsecured or naked debentures.