What does Debenture mean?
A long-term unsecured bond, backed only by the integrity of the borrower, not by physical assets.
The corporation issued a debenture to raise funds without offering any collateral.
Debenture in German, French, Spanish and Italian
GermanSchuldverschreibung
also Debenture
Schuldverschreibung ohne spezielle Sachsicherheiten.
FrenchObligation non garantie
also Débenture
Obligation qui ne repose pas sur une garantie réelle.
SpanishDebenture
also Obligación sin garantía
Título de deuda que no está garantizado por activos específicos.
ItalianObbligazione
also Debenture
Titolo di debito non garantito da beni reali.
Common phrases with Debenture
- issue debenture
- redeem debenture
- convertible debenture
Synonyms and opposites for Debenture
- Synonym Unsecured bond