HomeDefinitionsCompareDebt Consumer debentureThe financial definition for Consumer debenture:An investment note issued directly to the public by a financial institution. Similar MatchesDebenture stockDebenture stockA type of stock that makes fixed payments at scheduled intervals of time. Debenture stock differs from a debenture in that it has the status of equity, not debt, in liquidation. High premium convertible debentureHigh premium convertible debentureA bond with a long-term, high-premium, common stock conversion feature. It also offers a competitive interest rate. This type of investment vehicle is aimed at bond investors who want to be able to convert into stock to hedge against inflation. Subordinated debenture bondSubordinated debenture bondAn unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds. Click to compare definitions of Consumer debenture Click to view definitions beginning co |