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Debenture bond

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Debenture Bond
Debenture Bond definition :
An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt.

 


debenture bond
An unsecured bond. For example, a bond not secured by a lien on the issuer's property.
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DEBENTURE BOND - An unsecured bond whose holder has the claim of a general creditor on all assets of th...
DEBENTURE STOCK - A type of stock that makes fixed payments at scheduled intervals of time. Debenture s...

Subordinated debenture bond
An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: debenture bond, mortgage bond, collateral trust bonds. ...

Debenture Bond
A debt that is issued by a corporation and that is backed or secured by the good name of the issuing company.
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What are debenture bonds?
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Guaranteed bonds are in effect debenture bonds (unsecured) of the guarantor. However, if the guarantor has stronger credit than the issuer whose bonds are being guaranteed, the bonds have greater value.

Debenture bonds are distinct from ordinary bonds, the latter being unsecured.

An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds.
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An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond, , and collateral trust bonds.
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Subordinated Debenture Bond
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See also: Subordinated, Subordinated debenture bond, Collateral trust bonds, Indenture, Bond indenture

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