secured debenture
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secured debenture — A debenture secured by a charge over the property of a company, such as mortgage debentures (secured on land belonging to the company). Usually a trust deed sets out the powers of the debenture holders to enforce their security in the event of… … Big dictionary of business and management
debenture — 1) The most common form of long term loan taken by a company. It is usually a loan repayable at a fixed date, although some debentures are irredeemable securities; these are sometimes called perpetual debentures. Most debentures also pay a fixed… … Accounting dictionary
debenture — 1) The most common form of long term loan taken by a company. It is usually a loan repayable at a fixed date, although some debentures are irredeemable securities; these are sometimes called perpetual debentures Most debentures also pay a fixed… … Big dictionary of business and management
debenture — de·ben·ture /di ben chər/ n [Anglo French debentour and Medieval Latin debentura, perhaps from Latin debentur they are owed]: an unsecured bond that is backed by the issuer s general credit rather than a specific lien – called also debenture… … Law dictionary
Debenture — De*ben ture (?; 135), n. [L. debentur they are due, fr. debere to owe; cf. F. debentur. So called because these receipts began with the words Debentur mihi.] 1. A writing acknowledging a debt; a writing or certificate signed by a public officer,… … The Collaborative International Dictionary of English
debenture bonds — Debenture De*ben ture (?; 135), n. [L. debentur they are due, fr. debere to owe; cf. F. debentur. So called because these receipts began with the words Debentur mihi.] 1. A writing acknowledging a debt; a writing or certificate signed by a public … The Collaborative International Dictionary of English
Debenture stock — (Finance) The debt or series of debts, collectively, represented by a series of debentures; a debt secured by a trust deed of property for the benefit of the holders of shares in the debt or of a series of debentures. By the terms of much… … The Collaborative International Dictionary of English
debenture stock — A registered participation in debt issued by a company which is normally freely transferable and is generally listed on a recognised investment exchange. Debenture stock will typically be secured by a floating charge over all the undertaking and… … Law dictionary
secured and unsecured — Companies can issue a series of debentures or debenture stock, which essentially means secured loan stock. The instrument creates indebtedness owing by the company to the holder, usually carrying interest and maturing on a particular date when… … Law dictionary
debenture — a fixed interest investment in a company, which has priority for interest payments, generally redeemable after the lapse of a specified time Any debt obligation backed strictly by the borrower s integrity, e.g. an un secured bond. A debenture is… … Financial and business terms
