debenture

Definition
Unsecured 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.




debenture is ...
... part of the
Bonds and Lending & Credit subjects.


Related Terms

borrow -
consumer debenture -
convertible security -
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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