Debenture Holder
/dɪˈbɛnʧər ˈhoʊldər/
Definitions
- (n.) A person or entity that owns a debenture, a type of debt instrument secured or unsecured, representing a creditor's claim against the issuing company.
The debenture holder is entitled to receive interest payments before shareholders receive dividends.
Forms
- debenture holders
Related terms
See also
Commentary
The term specifically refers to the creditor status of individuals or entities holding debentures, which can vary between secured and unsecured debt; clarity is important when drafting agreements to specify rights and remedies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.