Tools: Learn New Words | Secure Password Generator | Startup Tools | PDF Generator

Debenture (Noun)

A certificate or voucher acknowledging a debt.

Nouns denoting communicative processes and contents.

The company issued a debenture to the investor in exchange for a loan of $1 million.
The debenture was secured against the company's assets, providing some assurance to the lender.
As part of the bankruptcy proceedings, the court ordered the company to honor its outstanding debentures.
The investor held a debenture with a face value of $500,000, which was due to mature in five years.
The company's financial reports included a list of outstanding debentures, which totaled several million dollars.

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Nouns denoting possession and transfer of possession.

The company issued a debenture to its suppliers, allowing them to deliver goods without immediate payment.
As a long-standing customer, the business was granted a debenture by the vendor, permitting them to receive services before settling the account.
The entrepreneur secured a debenture from the investor, enabling her to access capital before the product launch.
The merchant offered a debenture to loyal customers, enabling them to purchase products on credit with a promise to pay later.
The corporation issued a debenture to its employees, allowing them to receive their salaries in advance of payment.