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convertible debenture

American  

noun

  1. a convertible bond that is not secured with collateral.


Example Sentences

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See Examples For:

Still, the company has $1.3 billion in reserve, as well as a new $175 million convertible debenture facility to fund its ongoing construction ramp.

From The Wall Street Journal Aug. 14, 2026

"So we came out with the convertible debenture deal that we saw as more appropriate."

From Reuters Nov. 5, 2013

His "ideal" investment is the convertible debenture, a bond that the owner can convert into stock and which, at its best, combines high yield with growth.

From Time Magazine Archive

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