What is meant by redemption of debentures? – InterviewSolution

1.	What is meant by redemption of debentures?
Answer» Redemption of debenture means repayment of debentures by the company to the debenture holders. In other words, it implies the discharge of liabilities by repaying the amount due to the debenture holders as per the terms and conditions determined at the time of issue of debentures. Debentures may be redeemable at par, premium or discount, but, now a day, these are mostly redeemable at par or premium.

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