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Debenture   /dəbˈɛntʃər/   Listen
Debenture

noun
1.
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.  Synonyms: debenture bond, unsecured bond.  Antonym: secured bond.
2.
A certificate or voucher acknowledging a debt.



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debenture bond


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"Debenture" Quotes from Famous Books



... the managing director and general manager of Punsonby's. He held, or was supposed to hold, a third of the shares in that concern, shares which he had inherited from John Punsonby, his uncle, and the founder of the firm. He drew a princely salary and a substantial dividend, he was listed as a debenture holder and ...
— The Green Rust • Edgar Wallace
... DEBENTURE. A custom-house certificate given to the exporter of goods, on which a bounty or drawback is allowed. Also, a general term for ...
— The Sailor's Word-Book • William Henry Smyth


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