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Simple English definitions for legal terms

debenture indenture

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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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JumpySubsequentDolphin
11:09
does WUSTL send emails or call?
JumpySubsequentDolphin
11:09
or both?
11:10
I got a call first
JumpySubsequentDolphin
11:10
I interviewed like two weeks ago, not sure how quick they get back to peeps post interview
JumpySubsequentDolphin
11:10
but my interview was a disaster so not holding onto hope
Late to the party but my name is Paul Leachman in Delray Beach, FL (WashU pls respond)
11:11
Why is it taking so long for WashU to get back to me. Ppl are getting acceptances in a month or less
letsseehowitgoesnow
11:11
...
triplethread
11:11
@BookLover125: RETWEET
triplethread
11:12
is it bad i lied about getting into case western bc my parents are bugging me about my first a
@BookLover125: they are so impressed with your application they are renaming the library after you before admitting you
Do you know not everyone says they were ED?
11:12
No they shouldn’t be bugging you this is stressful enough without them adding More. Do what u gotta do
11:13
Got jokes I see
triplethread
11:13
its sooo stressful and im not even done applying
Just apply and get the A lol
triplethread
11:13
got like 3 more apps
there should be a law school draft akin to the NFL Draft where law schools can recruit us
or a MaxPreps esque high light video where Deans can rank us
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
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