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debenture
(redirected from debenture bonds)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
de·ben·ture  (d-bnchr)
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 dbentur, they are due (probably the first word appearing on certificates of indebtedness), third person pl. passive of dbre, to owe; see ghabh- in Indo-European roots.]

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
ThesaurusLegend:  Synonyms Related Words Antonyms
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 [dɪˈbɛntʃəʳ] n (COMM) → bono, obligación f
debenture [dɪˈbɛntʃəʳ] n (Comm) → obligation f
debenture [dɪˈbɛntʃəʳ] nSchuldschein m
debenture [dɪˈbɛntʃəʳ] n (COMM) → obbligazione f


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? Mentioned in ? References in periodicals archive
 
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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