The Open Dictionary

debenture

名詞

UK/dɪˈben.tʃəʳ/
US/dɪˈben.tʃɚ/

定義 debenture 名詞

  1. Countablefinance & economics

    a type of loan instrument, commonly used by companies to raise capital, which is repaid over an extended period at a fixed interest rate.

    • The company issued convertible debentures to finance the new project.

    • Many investors consider debentures a safer investment than stocks.

    • The corporation has repaid most of its outstanding debentures.