Debenture

Business / Accounting / Debenture: This is a type of share issued by a limited company. It is the safest type of share in that it is really a loan to the company and is usually tied to some of the company's assets so should the company fail, the debenture holder will have first call on any assets left after the company has been wound up.

Debenture Stock

Business / Finance / Debenture Stock: An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond and collateral trust b MORE

Debenture Bond

Business / Finance / Debenture Bond: Any debt obligation backed strictly by the borrower's integrity, e.g. an unsecured bond. A debenture is documented in an indenture. MORE

Consumer Debenture

Business / Finance / Consumer Debenture: Federal legislation establishing rules for the disclosure of the terms of a loan to protect borrowers. See: Truth in lending. MORE

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