- CFA Exams
- CFA Level I Exam
- Study Session 10. Corporate Finance (1)
- Reading 31. Introduction to Corporate Governance and Other ESG Considerations
- Subject 4. Stakeholder Management
CFA Practice Question
Which is not a tool used by creditors to protect their interests?
B. Debenture
C. Covenant
A. Indenture
B. Debenture
C. Covenant
Correct Answer: B
A debenture is an unsecured loan certificate issued by a company.
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