| 释义 |
debenture bond
Thesaurus| Noun | 1. | debenture bond - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the futuredebenture, unsecured bondbond certificate, bond - 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 |
EncyclopediaSeedebentureDebenture bond
Debenture bondAn unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond and collateral trust bonds.DebentureA debt security, issued by a government or large company, that is not secured by an asset or lien, but rather by the all issuer's assets not otherwise secured. That is, a debenture carries no collateral and is considered unsecured; in case of bankruptcy, the debenture holder is considered a general creditor. A debenture can be traded, and the term is often interchangeable with a bond. Debentures issued by governments are considered risk-free. See also: Treasury security.debenture bond
Related to debenture bond: Debenture StockSynonyms for debenture bondnoun the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the futureSynonymsRelated Words |