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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Debenture trustee

Market basics

The entity appointed to act for the holders of listed debentures, to whom periodic filings on security cover and covenant compliance are made.

In plain terms

Debenture holders never negotiate individually; the trustee holds the security and enforces the terms. Its filings with the exchange say things about a borrower that the annual report does not.

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Indian stock market glossary · Market Vidyalaya