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English definition of “debenture”

debenture

noun [C]     /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 noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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