Etymology
Advertisement

debenture (n.)

mid-15c., "written acknowledgment of a debt" (early 15c. in Anglo-Latin), from Latin debentur "there are due" (said to have been the first word in formal certificates of indebtedness in Medieval Latin, debentur mihi "there are owing to me"), passive present indicative third-person plural of debere "to owe," originally, "keep something away from someone," from de "away" (see de-) + habere "to have" (from PIE root *ghabh- "to give or receive"). In recent use especially of a bond issued by a corporation (1837). Related: Debentured.

Others are reading

Advertisement
Advertisement
Definitions of debenture

debenture (n.)
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future;
Synonyms: unsecured bond / debenture bond
debenture (n.)
a certificate or voucher acknowledging a debt;
From wordnet.princeton.edu