BTU, or British thermal unit, is the industry-standard used to measure the heating efficiency of furnaces. In addition to BTU ratings, furnace manufacturers might include a Manual J Load rating and a percentage of energy efficiency.
A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital.
Difference Between Bonds and Stocks. Bonds and stocks are both methods of investment. The main difference between bonds and stocks is in what you own. A bond is issued, generally by a government entity such as a federal government or a city government.Ã¢ The concept of a bond is simply that at the issue of the bond you give the issuer money.