Definition of "debenture"
  1. An unsecured loan evidenced by a bond, which relies on the creditworthiness of the issuer rather than a lien on property for repayment
How to use "debenture" in a sentence
  1. The corporation issued debentures to finance its new development project.
  2. Investors bought debentures from the company, trusting in its overall financial health.
  3. Due to its high credit rating, the company was able to issue debentures to raise funds.

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