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| de·ben·ture [ də bénchər ] (plural de·ben·tures) |
noun |
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| Definition: |
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1. unsecured bond: a bond backed only by the credit standing of the issuer, sometimes convertible into stock
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2. certificate of debt: a certificate that acknowledges the existence of a debt of a particular amount owed to somebody
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3. customs refund certificate: a certificate issued by customs officials that provides for a refund of duty previously paid
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| [15th century. < Latin debentur "they are owed," form of debere "owe"] |
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  de·ben·tured adjective |
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