The Synonym of DEBENTURE [Précis 2022]

A. A penny share
B. A short term bond
C. A common fund
D. A long term loan

Debenture meaning in finance

A debenture is a type of savings bond which offers a fixed rate of interest over a long period. Debentures are usually issued by a company or a government agency.

Other Synonyms:

Bond, voucher, etc.