debenture debenture  /də ˈbɛn tʃər/

Definition(s):

  1. (n) the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
  2. (n) a certificate or voucher acknowledging a debt

Synonym(s)

Usage(s):

  1. With this sinking fund the company's trustee each month must buy debenture shares in the open market at any price up to $26.
  2. His desire was twofold: 1) to beat the debenture; 2) to hasten the bill to passage.
  3. Lord Kylsant decided in the summer of 1929 to issue another 2,000,000 of debenture shares.

News

  1. Zuring AG: Early Warning Report Pursuant to Acquisition of Convertible Debentures of Parta Dialogue Inc.

    On June 10, 2013, Mr. Adrian Teuscher acquired , ownership of a convertible debenture of Parta Dialogue Inc. in the principal amount of the purchase price of $100,000 through a private placement .
    on June 11, 2013     Source: Marketwired via Yahoo! Finance

  2. Toscana Announces Completion of Convertible Debenture Financing

    Toscana Announces Completion of Convertible Debenture Financing
    on June 11, 2013     Source: CNW Group via Yahoo! Finance

  3. Augusta Announces Private Placement of Convertible Debenture

    Augusta Industries Inc. is pleased to announce that it has agreed to the issuance of up to $1 million principal amount series "B" 10% convertible senior debentures pursuant to a non-brokered ...
    on June 6, 2013     Source: Marketwired via Yahoo! Finance

Quotes

  1. "We are disappointed by the decision of the debenture holders to attempt to accelerate the debt," said Chris Gardner, Vitesse CEO, in a statement. "Vitesse made a good faith offer to resolve this dispute. Unfortunately, the demands by some of...
    on Aug 21, 2006 By: Chris Gardner Source: EETimes.com

  2. Finra doesn't "believe that suspending the Trace reporting of agency-debenture trading is warranted," Brendan Intindola, a spokesman for the regulator, said in an e-mail. "Last week's expansion of Trace reporting creates an abundance of new...
    on Mar 9, 2010 By: St Brendan Source: BusinessWeek

  3. "We are confident that even in a go-slow economy we will be able to generate the funds to cover the debenture costs," Hume said.
    on Jun 18, 2010 By: Peter Hume Source: Ottawa Citizen

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