Debenture vs. Indenture

Debenture vs. Indenture — Is There a Difference?
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Difference Between Debenture and Indenture

Debenturenoun

A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.

Indenturenoun

(legal) A contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice).

Debenturenoun

(obsolete) A certificate of a loan made to the government; a government bond.

Indenturenoun

(legal) A document, written as duplicates separated by indentations, specifying such a contract.

Debenturenoun

A type of debt instrument secured only by the general credit or promise to pay of the issuer, not involving any physical assets or collateral, now commonly issued by large, well established corporations with adequate credit ratings.

Indenturenoun

An indentation.

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Debenturenoun

A document granting lenders a charge over a borrower’s physical assets, giving them a means to collect a debt, as part of a secured loan.

Indentureverb

To bind a person under such a contract.

Debenturenoun

a bond that is backed by the credit of the issuer but not by any specific collateral

Indentureverb

To indent; to make hollows, notches, or wrinkles in; to furrow.

Though age may creep on, and indenture the brow.

Debenturenoun

a certificate or voucher acknowledging a debt

Indenturenoun

a concave cut into a surface or edge (as in a coastline)

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Indenturenoun

formal agreement between the issuer of bonds and the bondholders as to terms of the debt

Indenturenoun

a contract binding one party into the service of another for a specified term

Indenturenoun

the space left between the margin and the start of an indented line

Indentureverb

bind by or as if by indentures, as of an apprentice or servant;

an indentured servant