Definitions of Debentures ::::
Bonds that are not secured by the assets of a firm.
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are the most common corporate bonds. They're backed by the credit of the issuer, rather than by any specific assets. Though they sound riskier, they're generally not. The debentures of reliable institutions are typically more highly rated than asset-backed bonds.
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A debenture is a loan secured on specific assets owned by a company and is repaid if a company runs into difficulties. They usually have a fixed rate of interest and a fixed maturity date and are often issued by companies with sizeable fixed assets, such as hotel groups and breweries.
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Bonds for which no collateral has been pledged.
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The most common form of long-term loan taken by a company. It is usually a loan repayable at a fixed date, although some debentures are irredeemable securities; these are sometimes called perpetual debentures. ...
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which have been separated from other securities, such as warrants, which were originally issued together as a unit.
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in law, any form of borrowing that commits a firm to pay interest and repay capital. In practice, usually applied to long-term loans that are secured on a firm’s assets.
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A type of loan which is usually secured, and which has a fixed or floating charge attached to it. A debenture with a fixed charge has a fixed rate of interest attached to it, whilst a debenture with a floating charge has no fixed rate of interest A secured debenture is one that is specifically ...
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In finance, a debenture is a long-term debt instrument used by governments and large companies to obtain funds. It is similar to a bond except the securitization conditions are different. A debenture is usually unsecured in the sense that there are no liens or pledges on specific assets. ...
en.wikipedia.org/wiki/Debentures
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