debenture


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de·ben·ture

 (dĭ-bĕn′chər)
n.
1. A certificate or voucher acknowledging a debt.
2. An unsecured bond issued by a civil or governmental corporation or agency and backed only by the credit standing of the issuer.
3. A customhouse certificate providing for the payment of a drawback.

[Middle English debentur, from Latin dēbentur, they are due (probably the first word appearing on certificates of indebtedness), third person pl. passive of dēbēre, to owe; see ghabh- in Indo-European roots.]

debenture

(dɪˈbɛntʃə)
n
1. (Banking & Finance) Also called: debenture bond a long-term bond, bearing fixed interest and usually unsecured, issued by a company or governmental agency
2. (Banking & Finance) a certificate acknowledging the debt of a stated sum of money to a specified person
3. (Commerce) a customs certificate providing for a refund of excise or import duty
[C15: from Latin phrase dēbentur mihi there are owed to me, from dēbēre to owe]
deˈbentured adj

de•ben•ture

(dɪˈbɛn tʃər)

n.
a short-term, negotiable, interest-bearing note representing indebtedness.
[1425–75; late Middle English debentur < Latin dēbentur (mihi) there are owing (to me)]
de•ben′tured, 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
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
2.debenture - a certificate or voucher acknowledging a debt
legal document, legal instrument, official document, instrument - (law) a document that states some contractual relationship or grants some right
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
Translations

debenture

[dɪˈbentʃəʳ]
A. N (Fin) → bono m, obligación f
B. CPD debenture bond Nobligación f
debenture capital Ncapital m en obligaciones
debenture holder Nobligacionista mf
debenture stock Nobligaciones fpl

debenture

[dɪˈbɛntʃər] n (COMMERCE)obligation f

debenture

n (Fin) → Schuldschein m; (Customs) → Rückzollschein m

debenture

:
debenture bond
debenture holder
nObligationär(in) m(f)
debenture stock

debenture

[dɪˈbɛntʃəʳ] n (Fin) → obbligazione f
References in classic literature ?
Things were at this pitch when Bert bethought himself of creating a sort of debenture capital in the business for the benefit of Tom.
69-142, except that the target debenture holders exchanged them for acquiring stock.
Presumably, Parent transferred the right to obtain its stock before the debenture sale.
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.
50% Convertible Senior Debentures due 2023 ("Debentures").
As previously disclosed, the trustee with respect to the Debentures essentially has asserted that a default occurred when Vitesse failed to make its SEC filings on time.
The debenture is convertible into common shares with conversion prices ranging between $0.
In addition, BFL provided a standby commitment to Welton to purchase any Debentures not taken up by other shareholders.
Icefloe has the right to fully redeem the Debentures any time prior to maturity for a cash payment in the amount of the principal plus accrued interest and a maturity premium in the amount of $6,250 (the "Maturity Premium") for each Debenture Unit redeemed.
ClubLink also announced today that it will redeem on March 14, 2006, outstanding 6% convertible unsecured subordinated debentures (the "Debentures") due May 15, 2008 representing an aggregate principal amount of $65,000,000.