debenture stock
debenture stock 〈英〉债权股证 指表示某公司或某一公共机构为偿还长期贷款而发行的、并以其全部或部分财产作担保的固定利息的债券。由于这种债券可以被回赎又数额固定，因此在许多情况下取代了股票。
DEBENTURE STOCK
debenture stock
debenture stock. 1. Stock that is issued under a contract providing for periodic, fixed payments. [Cases: Corporations 470. C.J.S. Corporations §§ 664–665.] 2. English law. A type of bond representing money borrowed by a company using its property or other fixed assets as security.