DEBENTURE


Meaning of DEBENTURE in English

n.

Pronunciation: di- ' ben-ch ə r

Function: noun

Etymology: Middle English debentur, from Latin, they are due, 3d plural present passive of deb ē re to owe ― more at DEBT

Date: 15th century

1 British : a corporate security other than an equity security : BOND

2 : a bond backed by the general credit of the issuer rather than a specific lien on particular assets

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.