- (British English)
an arrangement to invest money in a company in return for a fixed rate of interest. The money is secured against property owned by the company. （公司）债券 Payment of interest is made to the debenture holder at a specified rate and at clearly defined intervals. 利息以规定的利率和明确规定的时间间隔支付给债券持有人。
- (also debenture bond)(North American English)
an unsecured loan to a company with a fixed rate of interest 债权证： 以固定利率向公司提供的无抵押贷款
Word Originlate Middle English (denoting a voucher issued by a royal household, giving the right to claim payment for goods or services): from Latin debentur ‘are owing’ (from debere ‘owe’), used as the first word of a certificate recording a debt. The current sense dates from the mid 19th cent.