Definition of DEBENTURE. 1. British: a corporate security other than an equity security: bond.2. : a bond backed by the general credit of the issuer rather than a specific lien on particular assets. ADVERTISEMENT.efinition of DEBENTURE. 1. British: a corporate security other than an equity security: bond. 2. : a bond backed by the general credit of the issuer rather than a specific lien on particular assets.
Country legend Merle Haggard dies at 79 of pneumonia. Merle Haggard knew the inside of prison cells and box cars as intimately as he did some of the biggest stages in the world. He was a member of country musicâs Mount Rushmore, yet he never lost touch with his working-class beginnings.
As a performer and a songwriter, Merle Haggard was the most important country artist to emerge in the 1960s, and he became one of the leading figures of the Bakersfield country scene in the '60s. While his music remained hardcore country, he pushed the boundaries of the music quite far.rison didn't immediately lead Merle into rehabilitation. He was fired from a series of prison jobs and planned an escape from the jail, but was talked out of it by fellow inmates. Nearly two years into his sentence, Haggard discovered that his wife was pregnant with another man's child.