debenture stock

Definition

Stock issued under a contract to pay specified amounts at specified intervals. The name is misleading, since it's more like preferred stock than a debenture.

Use debenture stock in a sentence

The debenture stock was vet up for everyone and we all needed to take a look at what was gonna happen with it.

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You should always make sure you have done your thorough research before you decide to invest in any debenture stock.

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The debenture stock was preferred by the investor who wanted to receive specific payments at specific times for his portfolio.

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debenture redemption reserve debit