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Debenture

/dɪˈbɛntjʊə/

A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.

📖 Definitions of "Debenture"

noun
  1. 1

    A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.

  2. 2

    A certificate of a loan made to the government; a government bond.

  3. 3

    A type of debt instrument secured only by the general credit or promise to pay of the issuer, not involving any physical assets or collateral, now commonly issued by large, well established corporations with adequate credit ratings.

  4. 4

    A document granting lenders a charge over a borrower’s physical assets, giving them a means to collect a debt, as part of a secured loan.

🔄 Synonyms of "Debenture"

2 synonyms found via WordNet and Google Books.

WordDefinition
debenture bondnouna bond that is backed by the credit of the issuer but not by any specific collateral
unsecured bondnouna bond that is backed by the credit of the issuer but not by any specific collateral

↔️ Antonyms of "Debenture"

Words with the opposite meaning.

WordDefinition
secured bondnouna bond that is back by collateral

💡 Words with a Similar Meaning to "Debenture"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
debenture bondnouna bond that is backed by the credit of the issuer but not by any specific collateral
unsecured bondnouna bond that is backed by the credit of the issuer but not by any specific collateral
creditornoun(finance) A person to whom a debt is owed.
claimnounA new statement of something one believes to be the truth, usually when the statement has yet to be verified or without valid evidence provided.
subordinatedverbPlaced in a lower class, rank, or position.
bondnoun(law) A document constituting evidence of a long-term debt, by which the bond issuer (the borrower) is obliged to pay interest when due, and repay the principal at maturity, as specified on the face of the bond certificate. The rights of the holder are specified in the bond indenture, which contains the legal terms and conditions under which the bond was issued. Bonds are available in two forms: registered bonds, and bearer bonds.
debentureholdernounThe holder of a debenture.
indebtmentnounindebtedness
debt instrumentnoun(finance, law) A document evidencing a debt; the debt so evidenced.
indebtednessnounState of owing money; being in debt.
debenture holdernounAlternative form of debentureholder. [The holder of a debenture.]
indentnounA cut or notch in the margin of anything, or a recess like a notch.
certificatenoun(education) A document serving as evidence that a person has completed an educational course, issued either by an institution not authorised to grant diplomas, or to a student not qualifying for a diploma.
debtnoun(finance) Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
bonded debtnoun(law) That part of the entire indebtedness of a corporation or state that is represented by bonds it has issued; a debt contracted under the obligation of a bond.
bearernounOne who, or that which, bears, sustains, or carries.
bearer bondnoun(finance) A negotiable loan instrument payable to its holder (bearer) by the issuer according to preset conditions. The owner must safeguard bearer bonds to prevent loss; interest is usually paid by coupon redemptions.
debtorshipnounThe state of being in debt.
debt obligationnoun(law) A duty by which a party to an agreement is legally bound to pay the maturity of a debt at a time and in a manner as is stipulated within a given contract or promissory note.
debtornoun(economics) A person or firm that owes money; one in debt; one who owes a debt.

Words Strongly Associated with "Debenture"

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