DEBENTURES

10 letters 13 Scrabble points

Definition of DEBENTURES

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 S
Length 10 letters
Scrabble Score 13 points