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Webster 1913 Edition


Debenture

De-ben′ture

(?; 135)
,
Noun.
[L.
debentur
they are due, fr.
debere
to owe; cf. F.
debentur
. So called because these receipts began with the words
Debentur mihi
.]
1.
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.
2.
A customhouse certificate entitling an exporter of imported goods to a drawback of duties paid on their importation.
Burrill.
It is applied in England to deeds of mortgage given by railway companies for borrowed money; also to municipal and other bonds and securities for money loaned.

Webster 1828 Edition


Debenture

DEBEN'TURE

,
Noun.
[Fr. from L. debeo, to owe.]