debenture definition

debenture

Charge, claim, or lien on asset or property, usually as a result of a loan. See fixed charge and floating charge.

Promissory note or a corporate bond which (in the US) is backed generally only by the reputation and integrity of the borrower and (in the UK) by the borrower's specific assets. When unsecured, it is called a bare debenture or naked debenture; when secured by a charge on a specific property, it is called a mortgage debenture.

debenture is in the Banking, Commerce & Finance and Securities & Futures Trading subjects.

debenture appears in the definitions of the following terms: bond classification, institutional lenders, common stock, long term investment, debt security, unsecured bond, convertible security, convertible debt, long term debt, annual return and

debenture appears in the other terms: simple debenture, naked debenture, uncovered debenture, secured debenture, floating debenture, subordinated debenture, loan debenture, fixed debenture, stepped interest debenture, redeemable debenture and

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