Hello, myself Aditya Sahnii living in India. I want to share my view on What is a debenture? A question that comes to every commerce student. If you are a commerce student then you are at the right place. The most common debentures definition is when a company needs money; the company borrows it from the public without changing its share capital composition. In simple words, if someone issues a credit certificate for a particular time with a fixed rate of return. These credit certificates are known as debentures. For more information about debenture, you can click the referral link.