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Banking

Irredeemable Debenture

A debenture that does not carry a fixed maturity date. It virtually continues indefinitely as the issuer has no obligation...

Perpetual Debenture

A debenture that does not carry a fixed maturity date. It virtually continues indefinitely as the issuer has no obligation...

Perpetual Security

A security (financial security) that is issued by a company without any obligation to redeem it from the holders/ investors....