debenture (Meaning)
debenture (n)
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
a certificate or voucher acknowledging a debt
debenture (n.)
A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.
A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.
Any of various instruments issued, esp. by corporations, as evidences of debt. Such instruments (often called debenture bonds) are generally, through not necessarily, under seal, and are usually secured by a mortgage or other charge upon property; they may be registered or unregistered. A debenture secured by a mortgage on specific property is called a mortgage debenture; one secured by a floating charge (which see), a floating debenture; one not secured by any charge a naked debenture. In general the term debenture in British usage designates any security issued by companies other than their shares, including, therefore, what are in the United States commonly called bonds. When used in the United States debenture generally designates an instrument secured by a floating charge junior to other charges secured by fixed mortgages, or, specif., one of a series of securities secured by a group of securities held in trust for the benefit of the debenture holders.
Synonyms & Antonyms of debenture
No Synonyms and anytonyms found
debenture Sentence Examples
- The company issued debentures to raise capital for its expansion plans.
- Investors were attracted to the debenture offering due to its favorable interest rates.
- Debentures are a form of long-term debt instrument issued by corporations or governments.
- Bondholders hold debentures as a promise of repayment by the issuing entity.
- Debentures often come with fixed interest payments, providing a steady income stream for investors.
- The debenture holders have priority in receiving payments over shareholders in case of bankruptcy.
- Government bonds are a type of debenture issued by sovereign entities to finance public projects.
- The terms and conditions of the debenture are outlined in the offering memorandum.
- Investors diversify their portfolios by investing in various debentures with different risk profiles.
- Debentures are traded in financial markets, allowing investors to buy and sell them for liquidity.
FAQs About the word debenture
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future, a certificate or voucher ackno
No synonyms found.
No antonyms found.
The company issued debentures to raise capital for its expansion plans.
Investors were attracted to the debenture offering due to its favorable interest rates.
Debentures are a form of long-term debt instrument issued by corporations or governments.
Bondholders hold debentures as a promise of repayment by the issuing entity.
