Debenture vs. Loan
Debenturenoun
A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
Debenturenoun
(obsolete) A certificate of a loan made to the government; a government bond.
Debenturenoun
A type of debt instrument secured only by the general credit or promise to pay of the issuer, not involving any physical assets or collateral, now commonly issued by large, well established corporations with adequate credit ratings.
Debenturenoun
A document granting lenders a charge over a borrower’s physical assets, giving them a means to collect a debt, as part of a secured loan.
Debenturenoun
A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.
Debenturenoun
A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.
Debenturenoun
Any of various instruments issued, esp. by corporations, as evidences of debt. Such instruments (often called debenture bonds) are generally, through not necessarily, under seal, and are usually secured by a mortgage or other charge upon property; they may be registered or unregistered. A debenture secured by a mortgage on specific property is called a mortgage debenture; one secured by a floating charge (which see), a floating debenture; one not secured by any charge a naked debenture. In general the term debenture in British usage designates any security issued by companies other than their shares, including, therefore, what are in the United States commonly called bonds. When used in the United States debenture generally designates an instrument secured by a floating charge junior to other charges secured by fixed mortgages, or, specif., one of a series of securities secured by a group of securities held in trust for the benefit of the debenture holders.
Debenturenoun
a bond that is backed by the credit of the issuer but not by any specific collateral
Debenturenoun
a certificate or voucher acknowledging a debt
Debenture
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note.
Loannoun
A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
Loannoun
The contract and array of legal or ethical obligations surrounding a loan.
Loannoun
The permission to borrow any item.
Loannoun
(Scotland) A lonnen.
Loanverb
To lend (something) to (someone).
Loannoun
A loanin.
Loannoun
The act of lending; a lending; permission to use; as, the loan of a book, money, services.
Loannoun
That which one lends or borrows, especially a sum of money lent at interest; as, he repaid the loan.
Loanverb
To lend; - sometimes with out.
Loannoun
the temporary provision of money (usually at interest)
Loannoun
a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English
Loanverb
give temporarily; let have for a limited time;
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
