Debenture - A debenture is an instrument indicatin
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Debenture - A debenture is an instrument indicating the indebtedness of a company. It is not secured by assets or property, but only the credit of the issuer. Investors should also consider examining technical events for the underlying stock when researching convertible debentures. Technical events may be considered less indicative for non-convertible debentures. Technical events should be used as one piece of additional information within additional research regarding these instruments.