Lectionary Calendar
Sunday, December 22nd, 2024
the Fourth Week of Advent
the Fourth Week of Advent
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Bible Dictionaries
Debenture Stock
Webster's Dictionary
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The debt or series of debts, collectively, represented by a series of debentures; a debt secured by a trust deed of property for the benefit of the holders of shares in the debt or of a series of debentures. By the terms of much debenture stock the holders are not entitled to demand payment until the winding up of the company or default in payment; in the winding up of the company or default in payment; in the case of railway debentures, they cannot demand payment of the principal, and the debtor company cannot redeem the stock, except by authority of an act of Parliament.
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These files are public domain.
Text Courtesy of BibleSupport.com. Used by Permission.
Bibliography Information
Webster, Noah. Entry for 'Debenture Stock'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​d/debenture-stock.html. 1828.
Webster, Noah. Entry for 'Debenture Stock'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​d/debenture-stock.html. 1828.