Debenture Similar to bonds, this type of debt instrument is issued by governments and corporations to obtain capital, but is backed by the reputation and known creditworthiness of the issuer rather than by assets or collateral. Home Resources Startup Law Dictionary Debenture Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :