DEBENTURE Crossword Clue

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Crossword Puzzle Infos
A debenture is a type of BOND that is issued by a company and backed only by the issuer's creditworthiness, rather than by any specific collateral. It is a long-term debt instrument used by companies to borrow money from investors. Debentures typically offer a fixed rate of interest and are secured by the issuer's general creditworthiness and reputation rather than by a specific asset.
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