debenture
noun
de·ben·ture
di-ˈben-chər 
1
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
Examples of debenture in a Sentence
Recent Examples on the Web
The precise rates of interest on that shareholder loan have not been disclosed, but Arsenal’s last two sets of accounts showed interest paid on total debts (including £10.2m worth of debentures) to be £4.3m. That is less than half the interest Arsenal had previously paid when holding external debt.
—
Matt Slater, The Athletic, 22 Nov. 2024
The company identified a material weakness in its ability to meet the filing deadline for the Initial Registration Statement related to convertible debentures.
—Quartz Bot, Quartz, 14 Nov. 2024
The renegotiated debentures accrue interest at 10% per annum, may be converted into units of the Company and mature on December 31, 2025.
—Kansas City Star, 2 July 2024
Key Developments On December 29, 2023, the Company announced the renegotiation of its convertible debentures with an original maturity date of December 31, 2023.
—Kansas City Star, 2 July 2024
Our 100% contract renewal rate is one example of customer confidence in Cloud DX and comes just after the announcement of the early conversion of convertible debentures, followed by the escrow of 26 million shares, showing equally strong confidence from investors.
—Sacramento Bee, 27 Mar. 2024
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
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Matt Slater, The Athletic, 22 Nov. 2024
The company identified a material weakness in its ability to meet the filing deadline for the Initial Registration Statement related to convertible debentures.
—Quartz Bot, Quartz, 14 Nov. 2024
The renegotiated debentures accrue interest at 10% per annum, may be converted into units of the Company and mature on December 31, 2025.
—Kansas City Star, 2 July 2024
Key Developments On December 29, 2023, the Company announced the renegotiation of its convertible debentures with an original maturity date of December 31, 2023.
—Kansas City Star, 2 July 2024
Our 100% contract renewal rate is one example of customer confidence in Cloud DX and comes just after the announcement of the early conversion of convertible debentures, followed by the escrow of 26 million shares, showing equally strong confidence from investors.
—Sacramento Bee, 27 Mar. 2024
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
Dictionary Entries Near debenture
Cite this Entry
“Debenture.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debenture. Accessed 1 Dec. 2024.
Copy CitationLegal Definition
debenture
noun
de·ben·ture
di-ˈben-chər
: an unsecured bond that is backed by the issuer's general credit rather than a specific lien
called also debenture bond
see also indenture compare mortgage bond at bondNote: Debentures are often convertible to stocks.
Etymology
Anglo-French debentour and Medieval Latin debentura, perhaps from Latin debentur they are owed
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