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Debenture
Debenture A type of long-term bond or note given as evidence of debt. Unlike a mortgage note, a debenture is not secured by a specific property.
RELATED TERMS--------------------------------------
Bond
1) A debt instrument; an obligation to pay; a security issued by a corporation. 2) A written promise that accopmpanies a mortgage and is evidence of the debt secured by the mortgage. 3) An interest-bearing certificate issued by a government to finance public projects.
Note
A written instrument acknowledging a debt and promising payment
Debt
An amount owed to another.
Mortgage
A legal document pledging property as security for the payment of a loan.
Debenture
A type of long-term bond or note given as evidence of debt. Unlike a mortgage note, a debenture is not secured by a specific property.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Damper
A movable plate in a fireplace that allows smoke and fumes to travel up the chimney's flue.
Datum
A horizontal plane from which heights and depths are measured.
Days on the market
The period of time a property is listed for sale until it is sold or taken off the market.
Deadbolt lock
Locks that require a key to open from the outside and a turn button from the inside.
Deal structure
With regard to the financing of an acquisition, deals can be unleveraged, leveraged, traditional debt, participating debt, participating-convertible debt or joint ventures.
Debenture
Debit
A charge on an accounting statement or balance sheet (appearing on the left-hand column); the opposite of a credit.
Debt
An amount owed to another.
Debt consolidation
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
Debt coverage ratio
The ratio between the net income of an investment and the amount of debt service of the investment: expressed as (NOI - DS = DCR).
Debt ratio
The relationship between a person's long term debt payments and their monthly income.
This dictionary contains 6433 terms. |
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