Some assets, such as debentures, are assigned a higher risk than others, such as cash or government securities/bonds.
en.wikipedia.org The capital was 30,000, comprising 3,000 shares of 10 each, with borrowing powers of 10,000 on the debentures.
en.wikipedia.org These debentures were circulated but were traded at a discount to their face value because of distrust of the colonial government by the settler population.
en.wikipedia.org Finally, these debentures were convertible, which meant that they could be converted into shares.
en.wikipedia.org The most common types of securities issued are common and preferred stocks, bonds, notes, debentures and bills.
en.wikipedia.org