Meaning of the word debenture in English
What does debenture mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
debenture
US /dɪˈben.tʃɚ/
UK /dɪˈben.tʃər/
Noun
a long-term security yielding a fixed rate of interest, issued by a company and secured against assets but without a charge on specific assets
Example:
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The company issued new debentures to raise capital for expansion.
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Investing in debentures can provide a stable income stream.