Consumer debenture

Consumer debenture

An investment note issued directly to the public by a financial institution.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Consumer Debenture

A debenture or other debt security that a financial institution sells directly to the public. That is, the financial institution does not use any intermediaries, such as underwriters, when selling a consumer debenture.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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