Debenture - definition, pronunciation, transcription

Amer.  |dɪˈbentʃər|  American pronunciation of the word debenture
Brit.  |dɪˈbɛntʃə|  British pronunciation of the word debenture

noun

- the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
- a certificate or voucher acknowledging a debt

Word forms

noun
singular: debenture
plural: debentures
See also:  WebsterWiktionaryLongman