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A Writer's Dictionary:

debenture Definition


Dictionary Home » Words Starting with D » deathliness ... decarbonization » debenture


debenture
noun
    1. A type of loan to a company or government agency which is usually made for a set period of time and carries a fixed rate of interest.
    2. The document or bond acknowledging this loan.
Etymology: 15c: from Latin debentur there are due or owed.



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