Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “noncallable debenture”

noncallable debenture

noun [C]    
FINANCE a debenture (= type of loan) that cannot be paid back before the end of an agreed period: They sold $150 million of 30-year noncallable debentures. → Compare callable debenture
(Definition of noncallable debenture noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of noncallable debenture

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More