Debenture is an example of

Debenture is an example of "loan capital". It is a type of debt instrument issued by a company to raise funds from the public or financial institutions. Debentures are typically secured by the assets of the company, and provide a fixed rate of interest to the debenture holders. They are a long-term source of finance for the company, and the funds raised through debentures are used to finance the company's long-term projects and investments. Debentures are often traded on the stock market, and provide an alternative source of investment for investors looking for fixed income securities.