Meaning & use
Debentures
Last updated
Long-term debt instruments issued by a company or government that are not backed by specific collateral.
See it in a sentence
The corporation raised capital by issuing debentures to institutional investors.
Holders of the debentures receive fixed interest payments until maturity.
A note on using this word
Unlike secured bonds, debentures rely on the issuer's general creditworthiness rather than specific assets as security.
Words with a similar meaning
bondsnotes
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Make it your own
Write a sentence using “Debentures”, then compare your use with the examples above.
Your draft stays on this page and is not sent anywhere.