debenture
pronunciation
How to pronounce debenture in British English:
UK [dɪˈbentʃə(r)]
How to pronounce debenture in American English:
US [dɪˈbɛntʃɚ]
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- Noun:
- a bond that is backed by the credit of the issuer but not by any specific collateral
- a certificate or voucher acknowledging a debt
Word Origin
- debenture
- debenture: [15] Debenture is simply an anglicization of Latin dēbentur, literally ‘they are due’, the third person plural present passive of the verb dēbēre ‘owe’. It supposedly arose from the practice of writing debentur on IOUs in the late Middle Ages. The English word originally signified such IOUs issued by the government or the Crown – certificates of indebtedness, to give them their formal designation – and it was not until the mid-19th century that the modern meaning, ‘unsecured bond backed by the general credit of a company’, came into use.=> debt, due, duty
- debenture (n.)
- "written acknowledgment of a debt," early 15c., from Latin debentur "there are due" (said to have been the first word in formal certificates of indebtedness), passive present third person plural of debere "to owe" (see debt).
Example
- 1. So this will simply go against my debenture !
- 2. Longterm debenture investment falling due in a year .
- 3. Dhirubhai held annual meetings in football stadiums and scattered subscription forms for one debenture from a helicopter .
- 4. Thereby , the essential strategy to develop chinese debenture market is to innovate the system , accelerate the fluidity of chinese debenture market and train rational debenture investors .
- 5. If the purchase price of debenture is higher than the nominal value , the premium should be debited to the consolidated reserves .