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1. Dictionary

   debenture

   /dɪˈbɛn(t)ʃə/

   noun

   • 1. a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.
   • ▪ an unsecured loan certificate issued by a company.

   Word Origin late Middle English (denoting a voucher issued by a royal household, giving the right to claim payment for goods or services): from Latin debentur ‘are owing’ (from debere ‘owe’), used as the first word of a certificate recording a debt. The current sense dates from the mid 19th century.

   Scrabble Points: 12

   • D

     2

   • E

     1

   • B

     3

   • E

     1

   • N

     1

   • T

     1

   • U

     1

   • R

     1

   • E

     1

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2. Videos

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