Link Centre Dictionary

debenture

de·ben·ture

UK/dɪˈbɛntjʊə/ US/dɪˈbɛntʃə/ uncommon obsolete uk us

noun

1.

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

2.

a certificate or voucher acknowledging a debt

Origin

From earlier debentur, from Latin debentur (“they are owing”), supposedly the first word of such a document in early times. The ending was apparently influenced by words in -(t)ure.

Phrases

  • debenture bond
  • debenture holder
  • debenture stock

Related words

Word family

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.