Share 'What does this mean in Layman's terms? A guarantee company can borrow money and may issue debentures or debenture (loan) stock?'
Hello Everyone,I posted that question on my wall and John Mulkerrin kindly responded. I then asked another question and John invited me to post the thread as a discussion for posterity and other's who might have similar questions.
I'm going to copy/paste our initial questions/comments for context:
What does this mean in Layman's terms? A guarantee company can borrow money and may issue debentur…
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