debenture
2
9.8
- noun
- /dɪˈbɛnʧər/
- Specialized
:
obligación
- The company issued a debenture to raise funds for its new project.
- convertible debentures
- subordinated debentures
- debenture holder
Examples
-
The company went on to argue that the placement of debentures had been a private placement rather than a public placement since the debenture was offered to friends, associates, group companies, workers/employees, and other individuals associated, affiliated, or connected with the Sahara group.
Blog text (26) -
More than four-fifths of the funds were raised by swapping domestic-debt securities, including debentures of state-owned enterprises and "privatization certificates."
Academic text (1996) -
And our last debenture issue was this year's fastest seller.
-
The Sahara group invited more than 30 million potential investors to invest in the convertible debentures they offered.
Blog text (26) -
Unfortunately, too many of them still operate like bankers, and they deal only in convertible debentures.
Academic text (1999) -
The Court concluded that "nowhere in the statutory scheme is there any suggestion that the trustee ... is to assume the responsibility of suing third parties on behalf of debenture holders."
Academic text (2017) -
In the same period, borrowing against issues of debentures increased from 4 to 15 billion, while export credits to import capital goods went from 25 to 110 billion.
Academic text (1999) -
According to Section 73(1) of the Companies Act in India, a company intending to offer shares or debentures to the public has to do so by issuing a prospectus, and before that is issued, it must make an application to one or more recognized stock exchanges for permission for the shares and debentures to be dealt with in the stock exchanges.
Blog text (26) -
Investors were excited about the debentures because of their promise of steady interest payments.
-
She explained how debentures work as a way for businesses to borrow money without offering collateral.
Synonyms
564
4.4
A certificate promising to repay borrowed money with interest
14
2.7
A loan to a government that pays interest over time and is usually safe
6
7.0
A written promise to pay money to a named person or holder, payable on demand and sometimes later
4
3.7
A loan from a company that pays regular interest but gives no ownership
1
6.1
A document or digital record, like a bond, that shows someone owes money and when they must pay it back
An official paper that shows a loan to a government or company, with amount, interest, and payback date
How Secure
Surface Forms
Etymology
The word debenture comes from Latin debere, meaning 'to owe', and it began as a paper that said someone owed money, like a written record of a debt; you can see the same root in debt and debit. So a debenture today is a written promise to repay a loan, and holding one makes you a lender, not an owner.