debellatet (debel at)

t. IMG:content-2134.png:[ocr errors] debit, debt.] 1. A writing acknowledging a debt; a writing or certificate signed by a public officer or corporation as evidence of debt; specifically, an instrument, generally under seal, for the repayment of money lent: usually if not exclusively used of obligations of corporations or large moneyed copartnerships, i ued in a form convenient to be bought and sold as investments. Sometimes a specific fund or property is pledged by the debentures, in which case they are usually termed mortgage debentures. 2. In the customs, a certificate of drawback; a writing which states that a person is entitled to a certain sum from the government on the reëxportation of specified goods, the duties on which have been paid.-3. In some government departments, a bond or bill by which the government is charged to pay a creditor or his a igns the money due on auditing his account. Debenture bond, formerly, a corporate bond or obligation not secured by mortgage.