Current Debentures Payable
<h2 >What is a 'Debenture'</h2>
<p >A debenture is a type of <a href="http://www.investopedia.com/terms/d/debtinstrument.asp" >debt instrument</a> that is not secured by <a href="http://www.investopedia.com/terms/p/physicalasset.asp" >physical assets</a> or <a href="http://www.investopedia.com/terms/c/collateral.asp" >collateral</a>. Debentures are backed only by the general <a class="termLink" data-inlink="link_3" href="http://www.investopedia.com/terms/c/credit-worthiness.asp" >creditworthiness</a> and reputation of the <a class="termLink" data-inlink="link_4" href="http://www.investopedia.com/terms/i/issuer.asp" >issuer</a>. Both corporations and governments frequently issue this type of bond to secure capital. Like other types of bonds, debentures are documented in an <a href="http://www.investopedia.com/terms/i/indenture.asp" >indenture</a>.
Read more: <a href="http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR" >Debenture Definition | Investopedia</a> <a href="http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR" >http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR</a> 
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<h2 >What is a 'Debenture'</h2>
<p >A debenture is a type of <a href="http://www.investopedia.com/terms/d/debtinstrument.asp" >debt instrument</a> that is not secured by <a href="http://www.investopedia.com/terms/p/physicalasset.asp" >physical assets</a> or <a href="http://www.investopedia.com/terms/c/collateral.asp" >collateral</a>. Debentures are backed only by the general <a class="termLink" data-inlink="link_3" href="http://www.investopedia.com/terms/c/credit-worthiness.asp" >creditworthiness</a> and reputation of the <a class="termLink" data-inlink="link_4" href="http://www.investopedia.com/terms/i/issuer.asp" >issuer</a>. Both corporations and governments frequently issue this type of bond to secure capital. Like other types of bonds, debentures are documented in an <a href="http://www.investopedia.com/terms/i/indenture.asp" >indenture</a>.
Read more: <a href="http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR" >Debenture Definition | Investopedia</a> <a href="http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR" >http://www.investopedia.com/terms/d/debenture.asp#ixzz4RdRAXZWR</a> 
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