debenture

• Sustantivo que designa un tipo de instrumento de deuda u obligación no respaldada por activos físicos o garantía, generalmente emitida por una empresa u organismo público.

A noun referring to a type of debt instrument or bond that is not secured by physical assets or collateral, typically issued by a company or government entity.

1. Credit or trust-based arrangementB2formalbusiness

   An arrangement where a customer can receive goods or services before making payment, relying on the trust that payment will be made later.

   Crédito comercial o fiado

   • The supplier offered a debenture to the retailer for the bulk order.
   • Under the debenture agreement, the client could take delivery now and pay within 30 days.
   • The company extended a debenture to its long-standing customer.

2. Debt acknowledgment certificateC1formalbusiness

   A formal document or certificate that acknowledges a debt, often used in finance and business contexts.

   Certificado de deuda

   • The investor received a debenture as proof of the loan made to the corporation.
   • Debentures are often issued by companies to raise capital from the public.
   • The bank held a debenture against the company's assets as security.

   Sinónimosbondcertificate of indebtednessdebt instrumentnote