debenture
Concise Oxford English Dictionary © 2008 Oxford University Press:
debenture /dɪˈbɛntʃə/
▶noun Brit. a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.
■ (also debenture bond) N. Amer. an unsecured loan certificate issued by a company.
– origin ME: from L. debentur ‘are owing’ (from debere ‘owe’), used as the first word of a certificate recording a debt.
'debenture' also found in these Oxford entries:
