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debenture |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.10 sec. |
debenture Noun a long-term bond, bearing fixed interest and usually unsecured, issued by a company or governmental agency [Latin debentur mihi there are owed to me] debentured adj debenture an interest-bearing bond, often issued by corporations, usually unsecured but sometimes with a preferred status over other obligations of the issuer. See also: Finance
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| 98-10 involves the determination of whether the surrender of target debentures in exchange for acquiring debentures is subject to nonrecognition treatment if the acquiring and target corporations are both parties to the same reorganization under Sec. 00% Exchangeable Senior Debentures due 2025 (the "Debentures"). Cincinnati, Ohio (NASDAQ:VIVO) today announced that it has called for redemption on March 1, 2007, all of its outstanding 5% Convertible Subordinated Debentures due September 1, 2013, at a 1% call premium plus accrued interest. |
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