They sold $150 million of 30-year noncallable debentures.
Financial and business terms. 2012.
debenture — a fixed interest investment in a company, which has priority for interest payments, generally redeemable after the lapse of a specified time Any debt obligation backed strictly by the borrower s integrity, e.g. an un secured bond. A debenture is… … Financial and business terms
callable debenture — ➔ debenture * * * callable debenture UK US noun [C] FINANCE ► a debenture (= type of loan) that can be paid back before the end of an agreed period → Compare NONCALLABLE DEBENTURE(Cf. ↑non … Financial and business terms
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
bond certificate — noun a certificate of debt (usually interest bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the… … Useful english dictionary
certificate of deposit — Synonyms and related words: CD, IOU, MO, acceptance, acceptance bill, bank acceptance, bank check, bill, bill of draft, bill of exchange, blank check, callable securities, cats and dogs, certificate, certified check, charge card, charge plate,… … Moby Thesaurus
note — Synonyms and related words: CD, Federal Reserve note, French pitch, IOU, MO, Parthian shot, accent, acceptance, acceptance bill, accidental, acknowledgment, address, adversaria, advertence, advertency, affidavit, affirmation, affix, aide memoire … Moby Thesaurus
warrant — Synonyms and related words: Bible oath, CD, IOU, John Hancock, MO, OK, accept, acceptance, acceptance bill, account for, accredit, acknowledge, acknowledgment, acquittance, admit, affidavit, affirm, affirmance, affirmation, agency, agentship,… … Moby Thesaurus
