Printer Friendly
The Free Dictionary
989,480,057 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

debenture
(redirected from Debentures)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Debenture
An unsecured debt backed only by the credit worthiness of the borrower.

Notes:
Debentures have no collateral, and the agreement is documented by an indenture. The yields may vary from high to low depending on who backs the debenture.

Debenture
Any debt obligation backed strictly by the borrower's integrity, e.g. an unsecured bond. A debenture is documented in an indenture.
debenture
A corporate bond that is not secured by specific property. In the event that the issuer is liquidated, the holder of a debenture becomes a general creditor and therefore is less likely than the secured creditors to recover in full. Because of their high risk factor, debentures pay higher rates of interest than secured debt of the same issuer. See also subordinated debenture.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
98-10 involves the determination of whether the surrender of target debentures in exchange for acquiring debentures is subject to nonrecognition treatment if the acquiring and target corporations are both parties to the same reorganization under Sec.
Securities exchanges incident to B reorgs by Eisenberg, Andrew M. / The Tax Adviser
00% Exchangeable Senior Debentures due 2025 (the "Debentures").
Reckson Operating Partnership, L.P. Commences Change in Control Cash ... by Business Wire
Cincinnati, Ohio (NASDAQ:VIVO) today announced that it has called for redemption on March 1, 2007, all of its outstanding 5% Convertible Subordinated Debentures due September 1, 2013, at a 1% call premium plus accrued interest.
Meridian Bioscience Announces Final Redemption of its 5% Convertible ... by Business Wire
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.