What Are Debentures?

A debenture is a medium or long term debt format that large companies use to borrow money at a fixed rate of interest. It is unsecured by collateral and thus it relies on the credit worthiness and reputation of the issuer for support. Both corporations and governments frequently issue debentures to raise capital or funds. …

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What Is Hyperinflation?

Hyperinflation is used to describe situations where the prices of goods and services rise uncontrollably over a defined time period. In other words, hyperinflation is rapid inflation. Hyperinflation is when the prices of goods and services rise more than 50% per month. At that rate, a loaf of bread could cost one amount in the …

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