debenture
ડિબેન્ચર
definition
noun
Debt takes many forms - from bonds, debentures , bank loans and notes payable, to other more complicated forms of debt units.
an unsecured loan certificate issued by a company, backed by general credit rather than by specified assets.
translation of 'debenture'
ઋણપત્ર,
ડિબેન્ચર
example
The finance company is unable to repay their 'debenture' due to defaults on their loan book, so they are unable to recoup their principal.
In return, Gary wanted security by way of a 'debenture' over the company's assets and Eddie and I agreed.
The bank took a 'debenture' over the company's undertaking to secure the overdraft facilities granted to it.
One commentator suggests that ordinary receivers appointed under a 'debenture' or other security who are not licensed insolvency practitioners would not be covered by this exemption.
DFL granted a 'debenture' to Midland as security for a loan.
Traders in the bond division may have sub-specializations, such as government or corporate money market instruments or bonds, or even such instruments as 'debentures' .
The Philadelphia-based MSO in late December sold $1.3 billion in convertible 'debentures' to replace existing debt.
Debt takes many forms - from bonds, 'debentures' , bank loans and notes payable, to other more complicated forms of debt units.
Today these phantom bonds total about $3.2 trillion, or 42 percent of the government's total outstanding 'debentures' .
The full course was opened in 1928 and in 1956 the club bought the land and property from the owners, thanks to money raised by an issue of 'debentures' to members, who have continued to invest in the clubhouse and course over the past 50 years.
Credits: Google Translate