StocksIndicative Calculated Closing Price (ICCP) Ask or Offer Interest Coverage Support Levels Investment Counsellor Fully Diluted
Debenture
A debenture is a type of long-term debt instrument, commonly used by corporations or governments. Unlike secured debt, which is backed by collateral, debentures are unsecured and rely solely on the borrower's integrity. This means that in the event of default, there is no specific asset that can be claimed by the lender. As a result, debentures are considered subordinate to secured debt, as they have a lower priority in the event of bankruptcy. This type of debt is often used for financing large projects or expansions, and it's important to understand its characteristics and risks before investing.
Related terms
Understand the meaning and definition of Indicative Calculated Closing Price (ICCP) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Ask or Offer in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Interest Coverage in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Support Levels in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Investment Counsellor in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Fully Diluted in the context of stock market, trading, and investments.
MOREExplore other categories



