About The Word Debenture stock
Learn about the word Debenture stock to help solve your crossword puzzle. Discover Debenture stock definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Debenture stock
| Debenture stock Definition And Meaning |
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What's The Definition Of Debenture stock?Synonyms | Synonyms for Debenture stock: Related Terms | Find terms related to Debenture stock: See Also | Debenture stock In Webster's Dictionary \Debenture stock\ (Finance)
The debt or series of debts, collectively, represented by a
series of debentures; a debt secured by a trust deed of
property for the benefit of the holders of shares in the debt
or of a series of debentures. By the terms of much debenture
stock the holders are not entitled to demand payment until
the winding up of the company or default in payment; in the
winding up of the company or default in payment; in the case
of railway debentures, they cannot demand payment of the
principal, and the debtor company cannot redeem the stock,
except by authority of an act of Parliament. [Eng.]
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