āĻ āĻ¨ā§āĻ¸āĻ¨ā§āĻ§āĻžāĻ¨ āĻāĻ°ā§āĻ¨
āĻ āĻāĻŋāĻ§āĻžāĻ¨ā§āĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
āĻāĻĒāĻ¨āĻžāĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
debenture
/dÉbËÉntâĘÉ/
Debenture
01
āĻĄāĻŋāĻŦā§āĻā§āĻāĻžāĻ°, āĻāĻŖāĻĒāĻ¤ā§āĻ°
a financial pact with details about interest rates and when the borrowed money will be paid back, not tied to any specific belongings
āĻāĻĻāĻžāĻšāĻ°āĻŖ
The debenture outlined the terms for repayment over a ten-year period.
āĻĄāĻŋāĻŦā§āĻā§āĻāĻžāĻ° āĻĻāĻļ āĻŦāĻāĻ°ā§āĻ° āĻ¸āĻŽāĻ¯āĻŧā§āĻ° āĻŽāĻ§ā§āĻ¯ā§ āĻĒāĻ°āĻŋāĻļā§āĻ§ā§āĻ° āĻļāĻ°ā§āĻ¤āĻžāĻŦāĻ˛ā§ āĻŦāĻ°ā§āĻŖāĻ¨āĻž āĻāĻ°ā§āĻā§āĨ¤
02
āĻĄāĻŋāĻŦā§āĻā§āĻāĻžāĻ°, āĻāĻŖāĻĒāĻ¤ā§āĻ°
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
āĻ¨āĻŋāĻāĻāĻŦāĻ°ā§āĻ¤ā§ āĻļāĻŦā§āĻĻ
