debenture
(noun)
 A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
Examples of debenture in the following topics:
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Types of Bonds- A debenture bond, or simply a debenture.
- Although any type of bond may be convertible, issuers add this feature to make risky debenture bonds more attractive to investors.
 
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Current Maturities of Long-Term Debt- Examples of long-term liabilities are debentures, bonds, mortgage loans and other bank loans (it should be noted that not all bank loans are long term since not all are paid over a period greater than one year. ) Also long-term liabilities are a way for a company to show the existence of debt that can be paid in a time period longer than one year, a sign that the company is able to obtain long-term financing .
 
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Outputs of Accounting- Financial institutions (banks and other lending companies) use statements to decide whether to grant a company fresh working capital or extend debt securities (such as a long-term bank loan or debentures).
 
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Uses of Financial Reports- Financial institutions (banks and other lending companies) use them to decide whether to grant a company working capital or extend debt securities (such as long-term bank loans or debentures) to finance expansion and other significant expenditures.
 
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Ethical Considerations- These are sweeping pieces of legislation that govern the secondary trading of securities (stocks, bonds, and debentures).