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buuuuuusssiness help needed here

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excuse me if anyone could explain for me : selling debentures ? I mean what does it means for a business? Is it like a bank loan but for longer time or whether it is a money certificate that could be sold for getting an immediate finance then this money should be repaid and with an interst?? so confusing isnot ti >>>>plz help with examples fro illustration
thanks in adnace
 
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