Clearing member and Debenture: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''Funds transfer.''
A certificate in which a company acknowledges a debt for a specified sum on which interest is normally due until the principal is paid back.


(CM).
Some debentures are interest free.
 
A member firm of a clearing house.




== See also ==
== See also ==
* [[Clearing house]]
* [[Bond]]
* [[Clearing system]]
* [[Building a Debt IR function]]
* [[LCH Group]]
* [[Debt]]
* [[LME Clear]]
* [[First mortgage debenture]]
* [[Floating charge]]
* [[Floating charge debenture]]
* [[Receiver]]
* [[Secured debt]]


[[Category:Identify_and_assess_risks]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 14:06, 24 July 2021

A certificate in which a company acknowledges a debt for a specified sum on which interest is normally due until the principal is paid back.

Some debentures are interest free.


See also