Backscatter x-ray image of TSA Security Laboratory Director Susan Hallowell. A full-body scanner is a device that detects objects on a person's body for security screening purposes, without physically removing clothes or making physical contact.
Definition Debenture. SBA Loan Terms: Debenture. A debenture is a certificate that shows the debt of a government or company. It is backed only by the general credit of the issuer. It is not secured by the assets of the issuer.Since there is no collateral, these bonds may carry a higher risk, and therefore a higher rate of return, when compared to an asset-backed bond.
This article discusses the use of registered debentures for asset protection purposes. A âdebentureâ is a mortgage or âchargeâ over the whole of the assets and undertaking of a company, to secure monies it owes to the debenture-holder or âchargeeâ. A debenture is also often described as a âfixed and floating chargeâ:. Under the Corporations Act, most kinds of charge, including debentures, must be registered by lodging a special form with ASIC within 45 days. Failing to register a registrable charge will be render it void against a liquidator or administrator. 2.