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debenture bond

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debenture bond

–noun
a corporate bond unsecured by any mortgage, dependent on the credit of the issuer.

Origin:
1865–70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: debenture bond
see BOND 2
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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