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debenture
debenture definition
de·ben·ture (di ben′c̸hər)
noun
- a voucher or certificate acknowledging that a debt is owed by the signer
- a customhouse order for payment of a drawback, as to an importer
- an interest-bearing bond issued against the general credit of a corporation or governmental unit, with no specific pledge of assets
Etymology: ME debentur < ML < L, 3d pers. pl., pres. pass. indic., of debere: see debt: so called from receipts beginning with the Latin words debentur mihi, there are owing to me
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