Define: Debenture

UK Accounting Glossary

Definition: Debenture


Quick Summary of Debenture


A written acknowledgement of a debt – a name used for loan financing taken up by a company.



What is the dictionary definition of Debenture?

Dictionary Definition


debenture is an agreement between a lender and a borrower which is registered at Companies House and lodged against your company’s assets.


Full Definition of Debenture




Examples of Debenture in a sentence


The issued share and debenture capital of the company as of the 31st Dec 2017 was: – The company has a reserve fund of £4,732,169, the major part of which is invested in the business.
When the money was lent, solicitors drew up the debenture to be signed by all parties representing the financially challenged business and the bank.



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https://payrollheaven.com/define/debenture/
Modern Language Association (MLA):
Debenture. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 21, 2019 https://payrollheaven.com/define/debenture/.
Chicago Manual of Style (CMS):
Debenture. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/debenture/ (accessed: July 21, 2019).
American Psychological Association (APA):
Debenture. PayrollHeaven.com. Retrieved July 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/debenture/

Definition Sources


Definitions for Debenture are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.