Debenture
Legal definition for Indian law research
Definition
debenture
[Anglo-French debentour and Medieval Latin debentura, perhaps from Latin debentur they are owed]
: 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.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.