Debenture vs Formation - What's the difference?
debenture | formation |
A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
(obsolete) A certificate of a loan made to the government; a government bond.
* 1942 , Elliot Paul, The Last Time I Saw Paris , Sickle Moon 2001, p. 72:
(finance) A type of bond secured only by the general credit or promise to pay of the issuer, now commonly issued by large, well established corporations with adequate credit ratings.
*
, title=The Mirror and the Lamp
, chapter=2 Something possessing structure or form.
The act of assembling a group or structure.
(geology) A rock or face of a mountain.
(military) A grouping of military units or smaller formations under a command, such as a brigade, division, wing, etc.
(military) An arrangement of moving troops, ships, or aircraft, such as a wedge, line abreast, or echelon. Often "in formation".
The process of influencing or guiding a person to a deeper understanding of a particular vocation.
As nouns the difference between debenture and formation
is that debenture is a certificate that certifies an amount of money owed to someone; a certificate of indebtedness while formation is formation.debenture
English
(wikipedia debenture)Noun
(en noun)- Madame Corre, who made the important decisions after her plodding husband had spent hours on the ledger, sold the family debentures and put the money into Dutch decurities.
citation, passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans. Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}
