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Meaning of DEBENTURE BOND

Pronunciation:  di'benchur bând

 
WordNet Dictionary
 
 Definition: 
[n]  a bond that is backed by the credit of the issuer but not by any specific collateral
 
 Synonyms: debenture, unsecured bond
 
 Antonyms: secured bond
 
 See Also: bond, bond certificate

 

 

 

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