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Simple English definitions for legal terms

debenture indenture

Read a random definition: quod partitio fiat

A quick definition of debenture indenture:

A debenture indenture is a legal agreement that outlines the terms and conditions of a long-term loan. Unlike a mortgage or other collateral, the loan is not secured by any assets. This means that if the borrower defaults on the loan, the lender cannot seize any property to recover their money. However, the debenture holder is still in a similar position to a bondholder who is secured by a first mortgage. Essentially, it is a way for companies to borrow money over a long period of time without having to put up any assets as collateral.

A more thorough explanation:

A debenture indenture is a legal document that outlines the terms and conditions of a long-term loan that is not secured by any collateral. This means that the lender does not have any claim to specific assets of the borrower in case of default. Instead, the lender relies on the creditworthiness of the borrower to repay the loan.

For example, a company may issue debentures to raise funds for expansion or other business purposes. The debenture indenture will specify the interest rate, repayment schedule, and other terms of the loan. The debenture holders will have the right to receive interest payments and principal repayment according to the terms of the indenture.

Unlike secured loans, debentures are not backed by any specific assets of the borrower. This means that if the borrower defaults on the loan, the debenture holders will not have any claim to the borrower's assets. However, debentures are still considered a relatively safe investment because they are usually issued by companies with a good credit rating and a solid financial track record.

debenture bond | debenture stock

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1a2b3c4d26z
11:27
Sometimes I think I write like rorschach from watchmen
11:28
@glovediedthisishismom: just bite your lip,. gives good brain feel when peelin the dry skin
babycat
11:28
yeah it’s insane how much better hip flexor stretches can make you feel sometimes
11:28
Probably the most important long term mobility thing you can do
1a2b3c4d26z
11:28
Pigeon stretch GOAT
1a2b3c4d26z
11:29
Stretching was probably the biggest factor in becoming elite in my sport tbh
1a2b3c4d26z
11:29
well mobility in general
m10
11:29
Nah you wanna be wound up tight like a clock. All your parts working in synchronization, never missing a second.
BulbasaurNoLikeCardio
11:30
When I get home I think I will pull up a youtube yoga video and lay out the mat by the fireplace now, feeling guilty I haven't been stretching properly
1a2b3c4d26z
11:30
tighter you are, more potential energy you have. Your body is a spring. It's just physics
m10
11:30
Exactly.
JumpySubsequentDolphin
11:30
yoga classes stress me out
WorthlessAttractiveZombie
11:31
W&L put their scholarship info on the portal for those who were admitted 11/12
m10
11:31
Gotta always be ready to release that energy. Like if I am in a fight at the bar, I just gotta bust out a couple punches. No stretching.
JumpySubsequentDolphin
11:31
the instructor will be like "forget all of the things that youre stressing about" which reminds me of all of the things im stressing about
BulbasaurNoLikeCardio
11:32
I am too competitive to do yoga classes with other people. Try to stretch better or further then hurt myself lmao I am beyond competitive in anything physical.
babycat
11:32
if you guys all pay me to be your lsat tutor I can afford to do Pilates classes
JumpySubsequentDolphin
11:32
hot yoga was fun
JumpySubsequentDolphin
11:32
i loved barre and pilates when i did them together
m10
11:33
Here's an article from Testosterone nation for all you men out there on why stretching is bullshit. https://archive.t-nation.com/training/stretching-is-b-s/
snow
11:36
M so close to crashing out
BulbasaurNoLikeCardio
11:36
@babycat: If the person I am mentoring decides to listen to my advice instead of just discussing my advice I will pay you to tutor her. You seem like a smart, good and well put together person that she can probably learn well from.
babycat
11:37
Aw that’s so sweet Bulbasaur <3
11:39
@m10: stretching absolutely helps with tight tendons lol
11:39
now kiss
m10
11:40
@EvolBunny: Indeed! I am just riffing. Practicing for when I get into Chicago and do standup there on the weekends and get mad pussy.
11:40
You only do cardio on the weekends ;)
babycat
11:40
@m10: I have a friend that does this but he doesn’t get mad pussy
m10
11:40
I'll work that in! Sounds like a good way to segway.
m10
11:41
@babycat: yeah, well unlike 99.99% of people who do standup I will.
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