Debenture

English

Wikipedia

Etymology

Originally debentur, from Latin debentur (“‘there are owing’”), supposedly the first word of such a document in early times.

Pronunciation

• (UK) IPA: /dɪˈbɛntjʊə/, /dɪˈbɛntʃə/

Noun

Singular Debenture

Plural {{{1}}}

Debenture ({{{1}}})

1. A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
2. (obsolete) A certificate of a loan made to the government; a government bond.
   • 1942, Elliot Paul, The Last Time I Saw Paris, Sickle Moon 2001, p. 72:

     Madame Corre, who made the important decisions after her plodding husband had spent hours on the ledger, sold the family debentures and put the money into Dutch decurities.

3. (finance) A type of bond secured only by the general credit or promise to pay of the issuer, now commonly issued by large, well established corporations with adequate credit ratings.

Translations

certificate that certifies an amount of money owed to someone

Bulgarian: разписка за дълг Chinese: Mandarin: 債券 cmn(cmn), 债券 cmn(cmn) (zhàiquàn)

Finnish: velkatodistus fi(fi)

(finance) A type of bond

Bulgarian: облигация

Finnish: debentuuri fi(fi)

Derived terms

• debenture bond
• debenture stock

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