debenture indenture

debenture indenture. An indenture containing obligations not secured by a mortgage or other collateral. • It is a long-term financing vehicle that places the debenture holder in substantially the same position as a bondholder secured by a first mortgage.

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词条贡献者

译员Susanne，知名国际商学院金融专业，专注翻译各种与并购诉讼有关的法律文件。