DEBENTURE

9 letters 12 Scrabble points /dɪˈbɛntjʊə/

Definition of DEBENTURE

noun
  1. A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.

  2. A certificate of a loan made to the government; a government bond.

  3. 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.

Source: Wiktionary

Word Details

Letters D E B E N T U R E
Length 9 letters
Scrabble Score 12 points

Words Containing "DEBENTURE"

Words Starting with "DEBENTURE"