What's The Difference Between A Share And A Debenture?

The capital of a company is divided into a number of very small units called shares. The person who holds a share is a share holder and he is a debtor of a company(ie) he is liable to all the assets and liabilities of that company. The return on investment of a share is dividend. Dividend is not fixed to a particular percentage. A shareholder can participate in the management of the company. A share holder can vote during company meetings.
A debenture is an acknowledgement stating the debt of a company. A holder of a debenture is a creditor of the company. when the company is being wound up the debtors should be given first preference during the repayment of capital. The return on investment of a debenture is interest. interest is fixed to a particular percentage. A debenture holder cannot participate in the management of the company. A debenture holder cannot vote during the company meetings.

Shares gives you power as one of the owners of the company.  You have right to vote
company's decisions.  You are eligible to get Dividend - profit sharing of the company.
But debentures are like bonds which can give you a fixed interest for a specific period.
Hope you understand.

Suppose in case of loss preference share holders are also takes part i.e. They go with no dividend, but this is not for debenture holders their interest is to be paid even at the time of loss.

Share is equity participation in the company. When you buy a share you become the shareholder of that company. Share is issued by the companies for a particular price.

A debenture is a long-term debt instrument used by governments and large companies to obtain funds. Debentures are issued for a fixed sum or multiples there of.

A debenture holder receives interest whilst a shareholder receives dividends.

A debenture is a fixed interest loan, issued by a company and, ( in Britain) secured by it's assets.  Debentures can also be traded as investment vehicles.  On the other hand, shares as they are called in the U.K. And stocks, as they are called in the U.S., are securities representing a portion of the nominal capital of a company.  The profit on a share or stock, is realised by  selling some or all of the shares owned.  A share premium, is the money realised by selling shares at above their par or nominal value. In America this can be referred to as paid in surplus.

Preference share are those who fulfill two conditions:-
1.it has preferential right of dividend.
2.it has preferential right in regard to payment at the time of winding up of company.
  And
debentures are called acknowledgement of debt. 

Share is equity participation in the Company. When you buy a share, you become a shareholder of the company.

When you buy a debenture you become a creditor to the company. Deposits are like any bank deposit.