Terrestrial biodiversity is up to 25 times greater than ocean biodiversity. Although a recent discovered method put the total number of species on Earth at 8.7 million of which 2.1 million were estimated to live in the ocean, however this estimate seems to under-represent diversity of microorganisms.
Debenture Bonds. A debenture bond represents money a company has borrowed from the general public, who become creditors of the company. When issuing bonds, a company promises to repay the principal amount it borrows on an agreed-to date, and at a particular rate of interest paid at specified intervals.ebenture Bonds. A debenture bond represents money a company has borrowed from the general public, who become creditors of the company. When issuing bonds, a company promises to repay the principal amount it borrows on an agreed-to date, and at a particular rate of interest paid at specified intervals.
This article discusses the use of registered debentures for asset protection purposes. A âdebentureâ is a mortgage or âchargeâ over the whole of the assets and undertaking of a company, to secure monies it owes to the debenture-holder or âchargeeâ. A debenture is also often described as a âfixed and floating chargeâ:. Under the Corporations Act, most kinds of charge, including debentures, must be registered by lodging a special form with ASIC within 45 days. Failing to register a registrable charge will be render it void against a liquidator or administrator. 2.