Debenture
Term · Law · MLC-T-LAW-001482
A type of unsecured bond or loan certificate issued by a company or government, backed only by the issuer's creditworthiness and general assets rather than by specific collateral. It represents a debt obligation that must be repaid to the holder. Debentures are commonly used by large, financially stable entities to raise capital.
| Identifier | MLC-T-LAW-001482 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001482",
"term": "Debenture",
"field": "Law",
"definition": "A type of unsecured bond or loan certificate issued by a company or government, backed only by the issuer's creditworthiness and general assets rather than by specific collateral. It represents a debt obligation that must be repaid to the holder. Debentures are commonly used by large, financially stable entities to raise capital.",
"url": "https://mlchart.com/terminology/law/debenture/"
}
Record 1,345 of 5,445 in Law terminology (MLC-0107). Request the full dataset.