Secured example sentences
Unsecured debentures do not have a specific a charge on the assets of the company.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.Debentures are of various types such as: secured and unsecured debentures redeemable and perpetual debentures, convertible and non-convertible debentures, zero coupon rate and specific rate, registered and bearer debentures.As the debt is totally unsecured, the firms having good credit rating can issue the CP.However, on the liability side of the Balance Sheet, below the item of loan, a note to the effect that it has been secured by issue of debentures as a collateral security is appended.It is a provision and is shown under the head 'Secured Loans' until debentures are redeemed.Shares are not secured by any charge whereas the debentures are generally secured and carry a fixed or floating charge over the assets of the company.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.However, on the liability side of the Balance Sheet, below the item of loan, a note to the effect that it has been secured by issue of debentures as a collateral security is appended.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.However, on the liability side of the Balance Sheet, below the item of loan, a note to the effect that it has been secured by issue of debentures as a collateral security is appended.However, he does not have a secured employment and his earnings fluctuate every day.This item includes public deposits, unsecured loans and advances from subsidiary companies, short-term loans and advances and other loans and advances from banks.Shares are not secured by any charge whereas the debentures are generally secured and carry a fixed or floating charge over the assets of the company.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.
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