A debenture is a type of savings bond which offers a fixed rate of interest over a long period. Debentures are usually issued by a company or a government agency.
英汉词典释义
n.
公司债券
Debenture holder has priority over ordinary shareholder.债券持有人比普通股东享有优先权。
英英词典释义
Noun
1. a bond that is backed by the credit of the issuer but not by any specific collateral