Looking for the meaning of the word DEBENTURE in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of DEBENTURE with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Debenture
Speech Type: Noun
late Middle English (denoting a voucher issued by a royal household, giving the right to claim payment for goods or services): from Latin debentur ‘are owing’ (from debere ‘owe’), used as the first word of a certificate recording a debt. The current sense dates from the mid 19th century
dɪˈbɛn(t)ʃə
a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.
Short Definition:long-term security yielding fixed rate of interest
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