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Debenture

dih-BEN-chur

/dɪˈbɛntʃər/

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Syllable breakdown

Debenture

Dictionary meaning

An unsecured debt instrument backed only by the creditworthiness of the issuer.

Examples

  • The company issued debentures to raise capital without pledging assets.

Pronunciation tips

Stress on second syllable. Three syllables.

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