debenture stock

English - Turkish

Definition of debenture stock in English Turkish dictionary

(Ticaret) rüçhanlı hisse senedi

English - English

Definition of debenture stock in English English dictionary

The debt or series of debts, collectively, represented by a series of debentures; a debt secured by a trust deed of property for the benefit of the holders of shares in the debt or of a series of debentures

By the terms of much debenture stock the holders are not entitled to demand payment until the winding up of the company or default in payment; in the winding up of the company or default in payment; in the case of railway debentures, they cannot demand payment of the principal, and the debtor company cannot redeem the stock, except by authority of an act of Parliament

Hyphenation

de·ben·ture stock

Turkish pronunciation

dıbençır stäk

Pronunciation

/dəˈbenʧər ˈstäk/ /dəˈbɛnʧɜr ˈstɑːk/