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Debenture   /dəbˈɛntʃər/   Listen
Debenture

noun
1.
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.  Synonyms: debenture bond, unsecured bond.  Antonym: secured bond.
2.
A certificate or voucher acknowledging a debt.



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debenture bond


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"Debenture" Quotes from Famous Books



... guaranty, guarantee; gage, warranty, bond, tie, pledge, plight, mortgage, collateral, debenture, hypothecation, bill of sale, lien, pawn, pignoration[obs3]; real security; vadium[obs3]. stake, deposit, earnest, handsel, caution. promissory note; bill, bill of exchange; I.O.U.; personal security, covenant, specialty; parole &c. (promise) 768. acceptance, ...
— Roget's Thesaurus


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