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naked debenture | |||
unsecured bond | |||
debenture (США) Long term unsecured debt instrument, issued pursuant to an indenture. A promissory note or bond backed by the general credit and earning history of a corporation and usually not secured by a mortgage or lien on any specific property; e.g., an unsecured bond. Holders of corporate debentures are creditors of the corporation and entitled to payment before shareholders upon dissolution. Alexander Matytsin) |
необеспеченное долговое обязательство: 7 phrases in 2 subjects |
Finances | 3 |
Law | 4 |