1
British : a corporate security other than an equity security : bond
2
: a bond backed by the general credit of the issuer rather than a specific lien on particular assets

Examples of debenture in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The company has raised funds through the issuance of convertible debentures and notes payable, with net proceeds of $2,305,000 used to support its data center development. Quartz Intelligence Newsroom, Quartz, 2 Apr. 2025 Sunbeam’s 1997 10K, issued two weeks before die sale of the debentures, shows that in December 1997 Sunbeam sold $60 million in accounts receivable to raise cash. Matt Schifrin, Forbes, 21 Feb. 2025

Word History

Etymology

Middle English debentur, from Latin, they are due, 3rd plural present passive of debēre to owe — more at debt

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of debenture was in the 15th century

Browse Nearby Words

Cite this Entry

“Debenture.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debenture. Accessed 28 Apr. 2025.

Legal Definition

debenture

noun
: an unsecured bond that is backed by the issuer's general credit rather than a specific lien

called also debenture bond

see also indenture compare mortgage bond at bond

Note: Debentures are often convertible to stocks.

Etymology

Anglo-French debentour and Medieval Latin debentura, perhaps from Latin debentur they are owed

More from Merriam-Webster on debenture

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!