An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt . Compare subordinated debenture bond , and collateral trust bonds .
DEBENTURE BOND
Meaning of DEBENTURE BOND in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012