first mortgage debenture

first mortgage debenture
A debenture with the first charge over property owned by a company. Such debentures are most commonly issued by property companies.

Accounting dictionary. 2014.

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  • first mortgage debenture — A debenture with the first charge over property owned by a company. Such debentures are most commonly issued by property companies …   Big dictionary of business and management

  • debenture — /dabentyar/ Long term unsecured debt instrument, issued pursuant to an indenture. A promissory note or bond backed by the general credit and earning history of a corporation and usually not secured by a mortgage or lien on any specific property;… …   Black's law dictionary

  • debenture — /dabentyar/ Long term unsecured debt instrument, issued pursuant to an indenture. A promissory note or bond backed by the general credit and earning history of a corporation and usually not secured by a mortgage or lien on any specific property;… …   Black's law dictionary

  • Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

  • debenture — Synonyms and related words: CD, Fannie Mae, Federal Agency bond, Ginnie Mae, IOU, MO, Series E bond, Series H bond, acceptance, acceptance bill, adjustment bond, annuity bond, appreciation bond, arrangement, assented bond, assumed bond, baby bond …   Moby Thesaurus

  • First Group — Pour les articles homonymes, voir First. Logo First Group PLC est un groupe privé britannique spécialisé dans le transport public de voyageurs, présent au Royaume …   Wikipédia en Français

  • mortgage — I (New American Roget s College Thesaurus) n. pledge, security, encumbrance, loan, bond, debenture; promise. v. borrow, pledge, hypothecate. See debt. II (Roget s IV) n. Syn. lease, title, debt; see contract . Types of mortgages include:… …   English dictionary for students

  • Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

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