Difference between share and debenture

The key difference between a share and a debenture is that while share represents part of ownership of a company,  debenture acknowledges loan or debt to the company. Thus, a shareholder is a participant in the profits as well as losses of the company but a debenture holder is paid interest over the  life time of the debenture and principal amount at the end of life.  The following table further documents the difference between shares and debentures.