Meaning of “debenture” in the English Dictionary

british dictionary

"debenture" in British English

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debenturenoun [ C ]

uk /dɪˈben.tʃər/ us /dɪˈben.tʃɚ/ specialized

Examples from literature

  • In several of the cities of Holland there were people who had subscribed for only one debenture, because they thought men of their own blood were living in South Africa. 
  • She could not for a fortune have defined the difference between a debenture and a share. 
  • Stocks, "common" or "preferred," bonds and debentures, floated through his mind. 
  • The owners of these debentures are in fact joint capitalists with the nominal owner of the business. 
  • The soldiers, adventures, and debenture holders agreed at length to accept two-thirds of their land, and to give up the other third, and on this arrangement, by slow degrees, the country settled down. 

(Definition of “debenture” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"debenture" in Business English

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debenturenoun [ C ]

uk /dɪˈbentʃər/ us abbreviation deb., US also debenture bond

FINANCE 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. In the UK, but not in the US, debentures are secured against property or other assets owned by the borrower:

Investors in Wimbledon debentures get a free seat during the annual tournament.
A fixed debenture is secured on a named asset, similar to a mortgage that is secured on a person's house.
hold/issue/secure a debenture

(Definition of “debenture” from the Cambridge Business English Dictionary © Cambridge University Press)