Overview

fixed debenture


Show Summary Details

Quick Reference

(Bonds; UK).

Equivalent to a mortgage-backed bond, since the issue is backed by a fixed charge on a specific asset or group of assets of the issuer (cf. floating debenture; unsecured loan stock).

[...]

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.