Definition of mortgage debenture. Meaning of mortgage debenture. Synonyms of mortgage debenture

Here you will find one or more explanations in English for the word mortgage debenture. Also in the bottom left of the page several parts of wikipedia pages related to the word mortgage debenture and, of course, mortgage debenture synonyms and on the right images related to the word mortgage debenture.

Definition of mortgage debenture

mortgage debenture
Debenture De*ben"ture, n. Any of various instruments issued, esp. by corporations, as evidences of debt. Such instruments (often called debenture bonds) are generally, through not necessarily, under seal, and are usually secured by a mortgage or other charge upon property; they may be registered or unregistered. A debenture secured by a mortgage on specific property is called a mortgage debenture; one secured by a floating charge (which see), a floating debenture; one not secured by any charge a naked debenture. In general the term debenture in British usage designates any security issued by companies other than their shares, including, therefore, what are in the United States commonly called bonds. When used in the United States debenture generally designates an instrument secured by a floating charge junior to other charges secured by fixed mortgages, or, specif., one of a series of securities secured by a group of securities held in trust for the benefit of the debenture holders.

Meaning of mortgage debenture from wikipedia

- in the US, they are termed "mortgage bonds". In the United Kingdom a debenture is usually secured. In Canada, a debenture refers to a secured loan instrument...
- A mortgage-backed security (MBS) is a type of ****et-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages...
- First Mortgage Debenture Stock of Madame Tussaud's Ltd., issued 15. September 1949...
- First Mortgage Debenture Stock of Madame Tussaud's Ltd., issued 15 September 1949...
- Residential mortgage-backed security (RMBS) are a type of mortgage-backed security backed by residential real estate mortgages. Bonds securitizing mortgages are...
- Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security backed by commercial and multifamily mortgages rather than residential...
- Long term – usually above 7 years Share Capital Mortgage loan Retained Profit Venture capital Debenture Project finance Medium term – usually between 2...
- First Mortgage Debenture of the Costa Rica Railway Company Ltd., issued 10 January 1888...
- Railways Construction Facilities Act 1864 (27 & 28 Vict. c. 121) Mortgage Debenture Act 1865 (28 & 29 Vict. c. 78) Wine and Beerhouse Act 1869 (32 & 33...
- which took effect January 15, 2009. Collateral Debenture Floating charge Hypothec Lien Ship hypothec Mortgage law Negative pledge Nonrecourse debt Perfection...