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.
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Related Terms
borrow, consumer debenture, convertible security, security
'debenture
' appears in the definitions of these terms on BusinessDictionary.comjunior security, naked debenture, secured lender, administrative receiver, asset mix, and
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