- (British English)
an arrangement to invest money in a company in return for a fixed rate of interest. The money is secured against property owned by the company. （公司）债券 Payment of interest is made to the debenture holder at a specified rate and at clearly defined intervals. 以指定的利率和明确定义的时间间隔向债券持有人支付利息。
- (also debenture bond)(North American English)
an unsecured loan to a company with a fixed rate of interest
Word Originlate Middle English (denoting a voucher issued by a royal household, giving the right to claim payment for goods or services): from Latin debentur ‘are owing’ (from debere ‘owe’), used as the first word of a certificate recording a debt. The current sense dates from the mid 19th cent.