debenture
🇺🇸
/dɪˈbentʃər/
🇬🇧
/dɪˈbentʃə(r)/
noun
R
A type of loan where investors lend money to a company and get a fixed interest rate. The loan is protected by the company's assets.
Investors who buy debentures receive regular interest payments and have the security of the company's property.
R
A loan to a company with a fixed interest rate, but without the protection of the company's assets.
The company issued unsecured debentures to raise funds for expansion.
translation
A type of loan where investors lend money to a company and get a fixed interest rate. The loan is protected by the company's assets.; A loan to a company with a fixed interest rate, but without the protection of the company's assets.
Word Forms
Plural
debentures