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Business Dictionary :
Debenture
Debenture
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Debenture : noun : agreement to repay a debt with fixed interest using the company's assets as security
• The bank holds a debenture on the company
Mortgage Debenture = debenture where the lender can be repaid by selling the company's property
Debenture Issue = borrowing money against the security of the company's assets
Issue of Debentures = borrowing money against the security of the company's assets
Debenture Bond = certificate showing that a debenture has been issued
Debenture Capital = capital borrowed by a company using its Fixed assets as security
Debenture Stock = capital borrowed by a company using its Fixed assets as security
Debenture Holder = person who holds a debenture for money lent
Debenture Register = list of debenture holders of a company
Register of Debentures = list of debenture holders of a company