Backscatter x-ray image of TSA Security Laboratory Director Susan Hallowell. A full-body scanner is a device that detects objects on a person's body for security screening purposes, without physically removing clothes or making physical contact.
Definition Debenture. SBA Loan Terms: Debenture. A debenture is a certificate that shows the debt of a government or company. It is backed only by the general credit of the issuer. It is not secured by the assets of the issuer.Since there is no collateral, these bonds may carry a higher risk, and therefore a higher rate of return, when compared to an asset-backed bond.
BREAKING DOWN 'Debenture'. Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bill (T-bill).EFINITION of 'Debenture'. A type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital.