Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
debenture bond | Yes | No | No | No |
bond certificate | Yes | No | No | No |
debenture bond (noun) | bond certificate (noun) |
---|---|
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future | a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |