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The entitlement of a debenture holder from a company's income is known as

The entitlement of a debenture holder from a company's income is known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commission
  • B Interest
  • C Lien
  • D Dividend
Correct Answer: Option B
Explanation:
debentures are a long-term security yielding a fixed rate of interest, issued by a company and secured against assets. The holders are paid a fixed interest

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