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/dɪˈbɛntjʊə/ · noun
A certificate that certifies an amount of money owed to someone; a certificate of indebtedness..
This was the West Lancashire Railway, an ambitious but feckless little concern which, in a life lasting a quarter of a century, never earned a dividend, failed to keep up its debenture payments (despite a dangerous attempt to do so by issuing more debentures) and ended up in the hands of a receiver.
Madame Corre, who made the important decisions after her plodding husband had spent hours on the ledger, sold the family debentures and put the money into Dutch decurities.
That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans. Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.
Use debenture when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Debenture means A certificate that certifies an amount of money owed to someone; a certificate of indebtedness..
Common synonyms include debenture bond, unsecured bond.
Possible antonyms include secured bond.
This was the West Lancashire Railway, an ambitious but feckless little concern which, in a life lasting a quarter of a century, never earned a dividend, failed to keep up its debenture payments (despite a dangerous attempt to do so by issuing more debentures) and ended up in the hands of a receiver.
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