Debenture
[dɪ'bentʃə] or [dɪ'bɛntʃɚ]
Definition
(n.) A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.
(n.) A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.
Checked by Juliana
Definition
n. a written acknowledgment of a debt: a deed of mortgage given by a railway or other company for borrowed money: a certificate entitling an exporter of imported goods to a repayment of the duty paid on their importation.—p.adj. Debent′ured entitled to drawback or debenture as goods.
Edited by Diana