debenture bond

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Noun1.debenture bond - 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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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After obtaining the value of credit rating, we consider the actual situation of domestic debt default, based on the yield curve of the debenture bond, and we derive the default probability of different maturities by applying the Jarrow-Turnbull model.
Capital Intelligence Ratings (CI Ratings or CI) has affirmed the rating of Kuwait Financial Centre's (Markaz) KWD 25 million Debenture Bond at 'BBB'.
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