agency debenture


An unsecured debt issue from a federal agency or government-sponsored agency whereby the promise of repayment is committed by the credit worthiness of the government and not by specific pledged collateral.

Use agency debenture in a sentence

The agency debenture was a really important thing for us to think about and I did not like the idea of unsecured debt.

​ Was this Helpful? YES  NO 4 people found this helpful.

We opted for some agency debenture, despite the risk involved at the time considering the credit downgrade that had taken place.

​ Was this Helpful? YES  NO 8 people found this helpful.

The agency debenture was virtually guaranteed as we were confident the most powerful country in the world had the wherewithal to pay.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
agency cross agency disclosure