debenture bond

noun

a corporate bond unsecured by any mortgage, dependent on the credit of the issuer.

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Nearby words

debbie, debbora, debe, debeak, debenture, debenture bond, debierne, debilitate, debilitating, debility, debir

Origin of debenture bond

First recorded in 1865–70

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019