| Part of Speech | Definition | |
| Noun | 1. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.[Wordnet]
2. A bond that is backed by the credit of the issuer but not by any specific collateral.[Wordnet]. | |
Source: WordNet 3.0 Copyright © 2006 by Princeton University. All rights reserved. | Top | |
Common Expressions: debenture bond
| Expressions | Definition | ||
| Debenture bond | The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. Source: Wordnet 3.0 Copyright © 2006 by Princeton University. All rights reserved. | ||
Source: compiled by the editor from various references; see credits. | Top | ||
Specialty Expressions: debenture bond
| Expressions | Domain | Definition | |
| Debenture bond | Finance | A fixed-interest security issued by limited companies in return for long-term loans; a document evidencing loan to a corporation or a company. Source: European Union. (references) | |
| Subordinated debenture bond | Finance | An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
