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Word: debenture (lookup usage) (lookup stats)


Meaning:

Noun:

  • A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
  • 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.
  • obsolete A certificate of a loan made to the government; a government bond.

Source: Wiktionary | Src Info »