debenture bond

Definition of "debenture bond"
  1. It's a type of bond where the issuer's credit standing is the guarantee instead of any specific assets
How to use "debenture bond" in a sentence
  1. The company issued a debenture bond to raise funds for its new project.
  2. Investors showed interest in the debenture bond due to the company's strong credit standing.
  3. To finance its expansion, the company decided to sell debenture bonds.

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