Discussion – Share and Debentures – HSC Board – Easy way to learn and memorized – class 12th – S.P – Notes of source of business finance – Difference between Shares & Debenture, Distinguish between – sources of business finance – Secretarial Practice – Notes, & Distinguish Between – according to the New Textbook for HSC Board –Difference between, Study material, studies notes, study notes.
| Sr. No | Points | Shares | Debenture |
| 1. | Type | Shares are owned capital. | Debenture are borrowed capital. |
| 2. | Meaning | A share is a share in the shares capital of the company. A shares is the smallest denomination of the shares capital of company. | A debenture is a bond of in debt ness under the common seal of the company. |
| 3. | Status | A share is an ownership security. | A debenture is creditor ship security. |
| 4. | Income | Income on shares is dividend, it is depend upon the net profit of the company. | Incomes on debentures are interest. It is paid every year whether the company earns profit or loss. |
| 5. | Rank | Shares holders have the last rank in the repayment of capital. | Debentures holders are paid before the payment to the share holders. |
| 6. | Market Value | Market value of the shares keep changing as per the financial condition of the company. | Market value of the debentures remains constant. |
| 7. | Security offered | No security is offered for investing money in shares capital. | Company can offer any asset as a security to debenture holders. |
| 8. | Nature of finance | Share are suitable for long term finance. | Debenture are suitable for short or medium term finance. |