Meaning Of The Word Debenture bond

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Debenture bond Meaning

Debenture bond Definition
Debenture bond Definition

What's The Definition Of Debenture bond?

debenture bond in American English
noun: a corporate bond unsecured by any mortgage, dependent on the credit of the issuer

debenture bond in British English
noun
noun: a long-term bond, bearing fixed interest and usually unsecured, issued by a company or governmental agency

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