Debenture stock - Definition

Stock issued under a contract to pay specified amounts at specified intervals. The name is misleading, since it's more like preferred stock than a Debenture. Debentures are generally freely transferable by the debenture holder. Debenture holders have no rights to vote in the company's general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures.



Terms near "Debenture stock"

Debit
Default
Deficit
Deflation
Deflator
Delivery
Delta
Demo Account
Depositary Receipt
Depreciation
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