debenture

noun
UK: /dɪˈbentʃər/
US: /dɪˈbentʃər/

  1. A type of debt, usually not backed by any collateral. It's like a loan that a company takes.

    1. We bought a debenture from the company.
    2. The company issued a debenture to raise some much-needed capital for expansion.

  2. A document acknowledging a debt, usually issued by a company.

    1. He holds a debenture from that firm.
    2. The debenture detailed the terms and conditions of the loan agreement.

Synonyms

bond promissory note

Frequently Asked Questions

The word "debenture" in English means: A type of debt, usually not backed by any collateral. It's like a loan that a company takes., A document acknowledging a debt, usually issued by a company..

The phonetic transcription of "debenture" is /dɪˈbentʃər/ in British English and /dɪˈbentʃər/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "debenture": bond, promissory note.

Example usage of "debenture": "We bought a debenture from the company.". More examples on the page.