单词 | debenture bond |
释义 | debenture bond (once / 422119 pages) n WORD FAMILY debenture bond: debenture bonds USAGE EXAMPLESIn the debenture bond there is no security proper: only the covenant for payment by the company. Various, Encyclopaedia Britannica, 11th Edit...(2012) Debenture Bonds.—Debenture bonds are bonds secured only by the covenant of the company without any floating or fixed charge on the assets. Various, Encyclopaedia Britannica, 11th Edit...(2010) n the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future Syn|Ant|Hyper debenture, unsecured bond secured bond a bond that is back by collateral bond, bond certificate a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
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