Match the following-

Choose the correct answer from the options given below.

A-II, B-III, C-IV, D-I

The correct answer is option 2- A-II, B-III, C-IV, D-I.

* Debenture- The finances raised through debentures are also known as long-term debt.

* Dividend- The return on shares is known as a dividend.

* Own debentures- When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market. The advantage of such an option is that a company can redeem the debentures at its convenience whenever it has surplus funds. Secondly, the company can purchase them when they are available in market at a discount.

* Oversubscription- When the number of debentures applied for is more than the number of debentures offered to the public, the issue is said to be over subscribed. A company, however, cannot allot more debentures than it has invited for subscription. So, pro rata allotment is done by company. The excess money received on over subscription may, however, be retained for adjustment towards allotment and the respective calls to be made. But the money received from applicants to whom no debentures have been allotted will be refunded to them.