Debenture stock

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Related to Debenture Stocks: debenture bonds

Debenture stock

A type of stock that makes fixed payments at scheduled intervals of time. Debenture stock differs from a debenture in that it has the status of equity, not debt, in liquidation.

Debenture Stock

A stock entitling the bearer to a certain fixed dividend at set periods of time. Like debenture debt, debenture stock offers fixed payments with no collateral beyond the company's performance. Unlike debenture debt, however, debenture stock is a form of equity, which puts it in a position behind all debts in the event of liquidation. Debenture stock operates almost identically to preferred stock.
References in periodicals archive ?
The net asset value per share adjusted to include the debenture stocks at
stage that about 60% of the debenture stocks were invested in the equity market
Less: Debenture stocks discount (A[pounds sterling]) (54,000) (57,000)
Less: Debenture stock discount (A[pounds sterling]) (57,000) (61,000)
Less: Debenture stock issue expense (A[pounds sterling]) (3,838,000) (4,085,000)
The market value of the debenture stocks is determined by reference
million from its debenture stocks in the equity market.
so chooses, the [pounds sterling]100 million debenture stock which
The interest rates on the debenture stocks and preference shares are
sterling]32 million Debenture stocks (see note 12).
75% Debenture Stock 2020 for the six months ended 31 March and 30
if the Company's Debenture stock were fully invested in equities) and net