Having comprehensive control over your papers at any time is important to ease your everyday duties and increase your efficiency. Achieve any goal with DocHub features for document management and hassle-free PDF file editing. Access, adjust and save and incorporate your workflows with other secure cloud storage services.
DocHub offers you lossless editing, the possibility to use any formatting, and safely eSign papers without having looking for a third-party eSignature option. Make the most of the document management solutions in one place. Try out all DocHub functions right now with the free profile.
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is Debentures A debenture is a promissory note or a corporate bond which is backed generally only by the reputation and integrity of the borrower and by the borrowers specific assets. When unsecured, it is called a bare debenture or naked debenture; when secured by a charge on a specific property, it is called a mortgage debenture. A type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture. Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-i
