Terrestrial biodiversity is up to 25 times greater than ocean biodiversity. Although a recent discovered method put the total number of species on Earth at 8.7 million of which 2.1 million were estimated to live in the ocean, however this estimate seems to under-represent diversity of microorganisms.
Debenture Bonds. A debenture bond represents money a company has borrowed from the general public, who become creditors of the company. When issuing bonds, a company promises to repay the principal amount it borrows on an agreed-to date, and at a particular rate of interest paid at specified intervals.ebenture Bonds. A debenture bond represents money a company has borrowed from the general public, who become creditors of the company. When issuing bonds, a company promises to repay the principal amount it borrows on an agreed-to date, and at a particular rate of interest paid at specified intervals.
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.