debenture definition, meaning - what is debenture in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “debenture”

debenture

noun [C] uk   us   /dɪˈben.tʃər/ /-ˈbent.ʃɚ/ specialized
a type of loan, often used by companies to raise money, that is paid back over a long period of time and at a fixed rate of interest
(Definition of debenture from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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