debenture

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debenture

finance

Also known as: debenture bond

Learn about this topic in these articles:

bonds

In bond
…it is known as a debenture bond.
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long-term financing

In business finance: Long-term debt
A debenture is a bond not secured by specific assets but accepted by investors because the firm has a high credit standing or obligates itself to follow policies that ensure a high rate of earnings. A still more junior lien is the subordinated debenture, which is…
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