Business Dictionary :
Debenture



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Debenture : noun : agreement to repay a debt with fixed interest using the company's assets as security

• The bank holds a debenture on the company


Mortgage Debenture = debenture where the lender can be repaid by selling the company's property


Debenture Issue = borrowing money against the security of the company's assets


Issue of Debentures = borrowing money against the security of the company's assets


Debenture Bond = certificate showing that a debenture has been issued


Debenture Capital = capital borrowed by a company using its Fixed assets as security


Debenture Stock = capital borrowed by a company using its Fixed assets as security


Debenture Holder = person who holds a debenture for money lent


Debenture Register = list of debenture holders of a company


Register of Debentures = list of debenture holders of a company



















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