Your English writing platform
Discover LudwigThe word "debenture" is correct and usable in written English
You may use it when referring to a type of bond or debt instrument that is backed only by the creditworthiness of the issuer. For example: "The company issued debentures to the public in order to raise capital."
Dictionary
debenture
noun
A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
synonyms
Exact(57)
Dhirubhai held annual meetings in football stadiums and scattered subscription forms for one debenture from a helicopter.
If an applicant meets the school's standards, a debenture places him at the head of the queue.
Alternatively, two years ago Hong Kong International School bought back all its debentures and then reissued them at a higher price much as a company might when business is good.Even so, the debenture systems are opaque the ratio between debenture-holders and accepted students is unknown.
On June 9th the South China Morning Post splashed on its front page a report that a family had paid HK $1m for a debenture, and then entered its child in the school's first grade.
In 2004, the price of a debenture at the Chinese International School, possibly the most sought-after institution, sold for HK$600,000 $77,0000).
The debenture holders, who own the seats, see the value of their debentures continue to rise.
A still more junior lien is the subordinated debenture, which is secondary (in terms of ability to reclaim capital in the event of a business liquidation) to all other debentures and specifically to short-term bank loans.
Oakapple will repay its debenture after 20 years but will pay investors between 7.35 per cent and 8.6 per cent per year in twice-yearly payments in the meantime.
In fact, in the same week, we reported on a fund promising 6 per cent, which invested in solar infrastructure; a corporate bond from an energy company offering 7.25 per cent; and a renewable-energy projects debenture offering 6.5 per cent.
Similar(2)
Applicants sit a merit-based test, and some debenture-holders are rejected and some non-holders accepted.
Hong Kong's school-debenture prices are sending two messages: there is a market for good education; and some people have the money to pay for it.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com