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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.
2.
A certificate or voucher acknowledging a debt.



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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

... the crisis of 1866, believed to be for a moment a hesitation in so doing. But these are only a small part of the securities on which money in ordinary times can be readily obtained, and by which its repayment is fully secured. Railway debenture stock is as good a security as a commercial bill, and many people, of whom I own I am one, think it safer than India stock; on the whole, a great railway is, we think, less liable to unforeseen accidents than the strange Empire of India. But I doubt if the Bank of England in a panic ...
— Lombard Street: A Description of the Money Market • Walter Bagehot

... Merthyr Company's metals into Brecon, while on the financial side, stocks and shares of the Mid-Wales were converted into stocks and shares of the Cambrian, and the arrears of interest on the Mid-Wales "B" debenture stock were capitalised into Cambrian "B" ...
— The Story of the Cambrian - A Biography of a Railway • C. P. Gasquoine

... guaranty, guarantee; gage, warranty, bond, tie, pledge, plight, mortgage, collateral, debenture, hypothecation, bill of sale, lien, pawn, pignoration[obs3]; real security; vadium[obs3]. stake, deposit, earnest, handsel, caution. promissory note; bill, bill of exchange; I.O.U.; personal security, covenant, specialty; parole &c. (promise) 768. acceptance, ...
— Roget's Thesaurus



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