debenture
DefinitionUnsecured debt backed only by the integrity of the borrower, not by collateral, and documented by an agreement called an indenture. One example is an unsecured bond.
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debenture is ...
... part of the Bonds and Lending & Credit subjects.
... part of the Bonds and Lending & Credit subjects.
... #96 on our list of the most popular terms.
Related Terms
borrow -
security, convertible bond, convertible debenture, debenture stock, sinking fund, risk-weighted asset, shareholder loan, Bolsa Mexicana De Valores, short-term funding
debenture appears in the definitions of these other terms on BusinessDictionary.com
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