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debenture bond

n.
1.a bond that is backed by the credit of the issuer but not by any specific collateral

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  • Idiom of the Day

    cut to the chase
    to get to the important matter of something
    The lawyer cut to the chase and was able to get the information quickly.



    1.
    As much as I admire him for his sterling qualities, (a) / I cannot excuse him (b) / for being unfair to his friends. (c) / No error (d)

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    The flag of the Philippines is the only national flag that is flown differently during times of peace or war. A portion of the flag is blue, while the other is red. The blue portion is flown on top in time of peace and the red portion is flown in war time.      .. More >>
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