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In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note. -- Wikipedia Feasibility Study Consultant | SBA, USDA EB-5 | Wert-BeraterWert-Berater, Inc. provides independent feasibility studies for SBA, USDA, EB-5, and conventional lending. Lender-side fiduciary since 1998.
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