British: a corporate security other than an equity security : bond
2
: a bond backed by the general credit of the issuer rather than a specific lien on particular assets
Example Sentences
Recent Examples on the WebThe skyrocketing stock price is the result of small investors taking advantage of a short squeeze margin-call algorithm to leverage the arbitrage and thus create a classic liquidity debenture. Dave Barry, BostonGlobe.com, 26 Dec. 2021 The skyrocketing stock price is the result of small investors taking advantage of a short squeeze margin-call algorithm to leverage the arbitrage and thus create a classic liquidity debenture. Dave Barry, Washington Post, 26 Dec. 2021 Buying a debenture seat is obviously an attractive investment, particularly given the current volatility of global stock markets and extremely low interest rates? Danielle Rossingh, Forbes, 3 Oct. 2021 Funds from today’s debenture sale will be used for long term financing of the company’s large construction and service expansion in Alabama, Kentucky, Louisiana, Mississippi and Tennessee.NOLA.com, 8 Dec. 2020 Impact on mutual fund industry: The debt funds of many asset management companies (AMCs) took a severe beating as many of them had an exposure to the bonds and non-convertible debentures (NCDs) of the bank. Vatsal Bhandari, Quartz India, 16 Mar. 2020 In July, a key measure of the market’s wariness toward smaller Chinese banks (the yield gap between low- and top-rated non-convertible debentures) surged to as much as six times wider than before the Baoshang takeover.Washington Post, 26 Nov. 2019 In August, a key measure of the market’s wariness toward smaller Chinese banks (the yield gap between low- and top-rated non-convertible debentures) had surged to as much as six times wider than before the Baoshang takeover.Washington Post, 20 Sep. 2019 Get our daily newsletter Around a sixth of seats on Centre Court, where the big-draw matches are played, are reserved for debenture-holders, who pay through the nose for a specific seat for five years.The Economist, 11 July 2019 See More
Word History
Etymology
Middle English debentur, from Latin, they are due, 3rd plural present passive of debēre to owe — more at debt