Definition of debenture stock
: a corporate security issue common in Great Britain that usually has no fixed maturity date for the principal but that has a fixed claim to interest payments which takes precedence over preferred and common stocks
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“Debenture stock.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debenture%20stock. Accessed 14 May. 2021.
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