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