debenture

• Nom désignant un type d'instrument de dette ou d'obligation non garanti par des actifs physiques ou une garantie, généralement émis par une entreprise ou une autorité publique.

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.

   Crédit ou arrangement fondé sur la confiance

   • 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.

   Titre constatant une dette

   • 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.

   Synonymesbondcertificate of indebtednessdebt instrumentnote