What's the difference between debenture and debentured?
Debenture
Definition:
(n.) A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due.
(n.) A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.
Example Sentences:
(1) Although the investments will typically run for 20 or 25 years, if you want to get your money out before the end date, Davis says there will be an eBay-style bulletin board on the website allowing investors to sell their debentures for a mutually agreeable price to a willing buyer.
(2) The original investment is paid back over the lifetime of the debenture or as a lump sum at maturity.
(3) Those who put their money in will be buying debentures, which are like official IOUs issued by the individual energy projects.
Debentured
Definition:
(a.) Entitled to drawback or debenture; as, debentured goods.
Example Sentences:
(1) Although the investments will typically run for 20 or 25 years, if you want to get your money out before the end date, Davis says there will be an eBay-style bulletin board on the website allowing investors to sell their debentures for a mutually agreeable price to a willing buyer.
(2) The original investment is paid back over the lifetime of the debenture or as a lump sum at maturity.
(3) Those who put their money in will be buying debentures, which are like official IOUs issued by the individual energy projects.