TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

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Lastseasonwonder

Legendary Member
Premium Member
Dec 21, 2019
642
432
Anyone have an accurate description/definition of the term debenture? I am getting mixed answers from my research:

(1) 'A debenture is a type of bond or other debt instrument that is unsecured by collateral.' (Investopedia)
(2) 'A debenture is a loan agreement in writing between a borrower and a lender that is registered at Companies House. It gives the lender security over the borrower’s assets.' (gazette)

Is it the loan or the agreement for the loan?
Are debentures secured by collateral or not?

So confused after those two definitions

@Dheepa @Jacob Miller @Jaysen @Neville Birdi
 

John Travoni

Legendary Member
Jan 14, 2021
662
886
Anyone have an accurate description/definition of the term debenture? I am getting mixed answers from my research:

(1) 'A debenture is a type of bond or other debt instrument that is unsecured by collateral.' (Investopedia)
(2) 'A debenture is a loan agreement in writing between a borrower and a lender that is registered at Companies House. It gives the lender security over the borrower’s assets.' (gazette)

Is it the loan or the agreement for the loan?
Are debentures secured by collateral or not?

So confused after those two definitions

@Dheepa @Jacob Miller @Jaysen @Neville Birdi
It’s the latter. A debenture usually means the document creating the security.
 
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aspiring_solicitor

Star Member
Aug 16, 2021
38
6
Yeah, so I was sent this today:


Thank you for your interest in Clyde & Co. Your application has been received and is currently being reviewed.

As part of the application process, you will be invited to take part in an Online Assessment. You will receive an invite for this in due course.

In the meantime, there are a few things we suggest you do to prepare:

•Visit the Cappfinity Preparation Hub for guidance on how to best prepare for a video interview

•Try our virtual experience programme to gain a deeper understanding of the firm, the quality of work we engage in and what we expect of our trainees via: clydecoearlycareers.com/en-gb/virtual-experience-programme

If you require any reasonable adjustments at any stage of the application process ….


I am not sure if this means I’ve progressed to video interview or, more likely, they’re just giving a heads up
I got the same reply even though I just applied for an insight day. So do I have to take part in an online assessment for insight day too?
 

Hele25

Legendary Member
Premium Member
Jan 5, 2021
180
608
There’s something quite ironic about reading back an application and seeing the skills section and instead of saying “it’s important to remain calm”, it says “it’s important to remain clam” …
rolling bobs burgers GIF
 

em311

Valued Member
Premium Member
Jun 15, 2019
101
204
There’s something quite ironic about reading back an application and seeing the skills section and instead of saying “it’s important to remain calm”, it says “it’s important to remain clam” …
rolling bobs burgers GIF

I realised I had written that I completed the "Farage internship" instead of Forage 🙃🙃🙃
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,659
20,354
Well, I had to select my own time and date on an online portal, so I guess i've already confirmed my availability by doing that. The email from grad recruitment just confirmed the time and date that I had selected so feel it's not worth replying to?
No need to confirm if you have booked yourself in. There email is basically the confirmation.
 
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