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debenture |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
debenture [dɪˈbɛntʃə] n 1. (Economics, Accounting & Finance / Banking & Finance) Also called debenture bond a long-term bond, bearing fixed interest and usually unsecured, issued by a company or governmental agency 2. (Economics, Accounting & Finance / Banking & Finance) a certificate acknowledging the debt of a stated sum of money to a specified person 3. (Business / Commerce) a customs certificate providing for a refund of excise or import duty [from Latin phrase dēbentur mihi there are owed to me, from dēbēre to owe] 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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Translations debenture [dɪˈbentʃəʳ] A. N (Fin) → bono m, obligación f B. CPD debenture bond N → obligación f debenture capital N → capital m en obligaciones debenture holder N → obligacionista mf debenture stock N → obligaciones fpl debenture n (Fin) → Schuldschein m; (Customs) → Rückzollschein m debenture: debenture bond n → Schuldverschreibung f, → Obligation f debenture holder n → Obligationär(in) m(f) debenture stock n → Schuldverschreibungen pl, → Obligationen pl How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| These bonds are not secured with assets but are debenture bonds, subordinate to bank debt. CCM's other debt components are a $30 million bank loan and $54 million peso-denominated debenture bonds. The debenture bonds have a face value of $11 and are the result of an exchange offer completed on April 27, 1999 in which 460,262 shares of Thermwood common stock were exchanged for subordinated debentures in the principal amount of $5,062,882. |
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