Meaning of debenture in English

Table of contents
  1. Pronunciation
  2. Noun
    1. Etymology
    2. Definitions

  1. Pronunciation

    /dəˈbɛn(t)ʃər/

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  1. Noun

    debenture

    Etymology

    late Middle English (denoting a voucher issued by a royal household, giving the right to claim payment for goods or services): from Latin debentur‘are owing’ (from debere‘owe’), used as the first word of a certificate recording a debt. The current sense dates from the mid 19th century

    Definitions

    1. a bond that is backed by the credit of the issuer but not by any specific collateral

    Antonyms

  2. 2. a certificate or voucher acknowledging a debt

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