Debenture

Meaning

Noun

●

certificate

that

certifies

an amount of money

owed

to someone; a

certificate

of indebtedness.

●

certificate

of a

loan

made to the government; a government bond.

●

In American English & Finance:

A type of

only by the general

of the

, not

any physical

, now

by large, well

with

ratings.

●

In British English & Finance:

over a borrower’s physical

them a

, as part of a

loan.

Sourced from

Wiktionary

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Debenture

Meaning

Noun

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