Debenture Stock Synonyms & Definitions

Synonyms are words that have the same or almost the same meaning and the definition is the detailed explanation of the word. This page will help you out finding the Definition & Synonyms of hundreds of words mentioned on this page. Check out the page and learn more about the English vocabulary.

• Debenture stockDefinition & Meaning in English

1. () The debt or series of debts, collectively, represented by a series of debentures; a debt secured by a trust deed of property for the benefit of the holders of shares in the debt or of a series of debentures. By the terms of much debenture stock the holders are not entitled to demand payment until the winding up of the company or default in payment; in the winding up of the company or default in payment; in the case of railway debentures, they cannot demand payment of the principal, and the debtor company cannot redeem the stock, except by authority of an act of Parliament.