DEBENTURES

Noun

debentures

plural of debenture

Source: Wiktionary

DEBENTURE

De*ben"ture, n. Etym: [L. debentur they are due, fr. debere to owe; cf. F. debentur. So called because these receipts began with the words Debentur mihi.]

1. A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.

2. A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation. Burrill.

Note: It is applied in England to deeds of mortgage given by railway companies for borrowed money; also to municipal and other bonds and securities for money loaned.

Source: Webster’s Unabridged Dictionary 1913 Edition

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