← Back to glossary
Financial Instruments
debenture
Débenture
A bond that is not secured by any specific assets in the event the issuer defaults on payment.
Related Terms
Prepare for the IFC exam with 900+ practice questions
Start for free →Débenture
A bond that is not secured by any specific assets in the event the issuer defaults on payment.
Related Terms
Prepare for the IFC exam with 900+ practice questions
Start for free →