Giải nghĩa:
It is a document that a company issues, promising to repay borrowed money at a fixed rate of interest at a specific time.
Ví dụ:
The company issued a debenture to raise funds for its new project.
debenture (noun)
/dɪˈbentʃər/
Giải nghĩa:
In law, it is a document that grants a debt security, backed by the company's credit rather than assets.
Ví dụ:
Failure to meet the terms of the debenture can result in the company going into receivership.
Cách sử dụng
A debenture is a type of debt instrument used by companies to raise funds from the public. It is a way for investors to loan money to a company in exchange for regular interest payments and the promise to repay the loaned amount at a future date. Debentures are usually issued by companies that have a good credit rating and are considered a safe investment. They are commonly used to finance large projects, such as infrastructure or real estate development. As an English learner, you may encounter this term in financial news or investment-related discussions.
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