Debenture
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Definition
A Debenture is a type of long-term debt instrument that is not secured by physical assets or collateral but is backed only by the general creditworthiness and reputation of the issuer. Debentures are used by companies to borrow money at a fixed rate of interest and are commonly issued under corporate seal.
Class Relationships
Parent(s)
- • Bond
Is Defined By
N/A
See Also
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Children 0
- • None
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
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Description
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Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Identifier
N/A
Deprecated
No
Source and Origin
No source or origin information available