debenture bond

Other forms: debenture bonds

Definitions of debenture bond

1. noun

   the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
   synonyms: debenture, unsecured bond

   type of:

   bond, bond certificate

   a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal