| / English Dictionary |
DEBENTURE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A certificate or voucher acknowledging a debt
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("debenture" is a kind of...):
instrument; legal document; legal instrument; official document ((law) a document that states some contractual relationship or grants some right)
Domain category:
jurisprudence; law (the collection of rules imposed by authority)
Sense 2
Meaning:
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; debenture bond; unsecured bond
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("debenture" is a kind of...):
bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)
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