transferable debenture

transferable debenture
Fin. obligation au porteur

English-French dictionary of law, politics, economics & finance. . 2010.

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  • security — Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to assure the payment or performance of his debt, by furnishing the creditor with a resource… …   Black's law dictionary

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