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US vs UK debentures In the US, a debenture is a medium to long-term loan, issued to a company by an investor. Think of it as an unsecured loan that is supplied in good faith unlike UK debentures, the loan is not backed up by physical assets; only by the company's good reputation in the eyes of the investor.

In less common scenarios, a debenture is issued with unsecured borrowings. In a commercial setting, the term "debenture" will typically refer to the legal document that describes the secured debt.The business has to pay interest to the debenture holder during the period of the loan.

A debenture is a legal document that represents a secure means by which a creditor can lend money to the debtor.

Debenture Certificate is a document that certifies that the holder is the creditor of the company for the amount mentioned in the certificate. It is issued to all debenture holders. It is issued within a period of six months from the date of allotment of debentures.

Debenture Certificate is a document that certifies that the holder is the creditor of the company for the amount mentioned in the certificate. It is issued to all debenture holders. It is issued within a period of six months from the date of allotment of debentures.

The legal term "debenture" originally referred to a document that either creates a debt or acknowledge it, but in some countries the term is now used interchangeably with bond, loan stock or note.Debentures are freely transferable by the debenture holder.

Debenture stock, loan contract issued by a company or public body specifying an obligation to return borrowed funds and pay interest, secured by all or part of the company's property. Certificates specifying the amount of stock, with coupons for interest attached, are usually issued to the lenders.