Debentures

A debenture is a loan secured on specific assets owned by a company and is repaid if a company runs into difficulties. They usually have a fixed rate of interest and a fixed maturity date and are often issued by companies with sizeable fixed assets, such as hotel groups and breweries.

Debentures

Long term fixed interest loans to companies.
Found on http://www.encyclo.co.uk/local/20140
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