Debenture stock

In finance, a debenture is a long-term debt instrument used by governments and large companies to obtain funds. It is similar to a bond except the securitization conditions are different. A debenture is usually unsecured in the sense that there are no liens or pledges on specific assets. It is however, secured by all properties not otherwise pledged. In the case of bankruptcy debenture holders are considered general creditors.
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A type of stock that makes fixed payments at scheduled intervals of times and differs to a debenture in that it has the status of equity, not debt, in liquidation.

[GB] OBBLIGAZIONI IRREDIMIBILI [DELLO STATO]

Eng: debenture stock
Urdu: تمسکی اسٹاک ۔ ڈبینچر اسٹاک