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What is debenture?

A debrivative is a debt or indenture that helps raise capital. This debrivative is unsecured and is not taken with any form of collateral. The transaction is made based on credit and reputation alone. Debrivatives are issued by the government as well as large corporations.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.